Berliners in 2021 Want to Expropriate Private Housing
Why Does Money Have Value? Not Because the Government Says It Does.
How “Cultural Distance” between Societies Can Hamper Economic Prosperity
Without Lockdowns, Sweden Had Fewer Excess Deaths Than Most of Europe
“Shortages” Aren’t Causing Inflation. Money Creation Is.
The Roots of the Afghanistan War
Does the Fed Need More Progressives?
The Federal Reserve System will need people to fill the gap left by the retirement of the regional presidents for Dallas and Boston, both stepping down after public disclosure of trading activities. Fed vice chair Richard Clarida is also under scrutiny over several millions of dollars’ worth of trades. The Fed could be hiring, or promoting people, in the not-too-distant future.
Wisdom from Piketty
The famous French socialist economist Thomas Piketty thinks we aren’t moving toward equality fast enough. In his Long Live Socialism!, he says this to illustrate how much work remains to be done: ”The poorest 50% of the world’s population is still the poorest 50% of the world’s population” (p.13 of the Amazon Kindle edition).
Canada’s 2021 Election: Trudeau’s Miscalculation
Justin Trudeau was widely criticized for calling an election during a pandemic, but he thought that his oppressive covid policies would play well with the voting public, which would then reward his minority Liberal government with enough additional seats to give them majority status. He was wrong. The Liberals won the election, but they did not achieve majority status. So much for reading the minds of the voters.