In a recent editorial at Jacobin magazine, it is argued that a “planned economy can actually work.” They start with something I have written about at least a dozen times recently: the definition of socialism. Let me not mince words: our ability to argue against the rising left’s socialism is going to depend on what exactly is being argued.

Both fans and foes of the so-called Green New Deal (GND) agree that it is a wildly ambitious set of proposals, which—by design—will involve the federal government spending boatloads of money. In fact, the GND is so expensive that Rep.

This is an open letter to Jerome Powell and the Fed.

Dear Mr. Powell,

In your March 8 speech on Normalization and the Road Ahead, you spoke of diversity, zero-bound interest rate problem, and the Fed’s path to normalization.

You noted “Makeup strategies are probably the most prominent idea and deserve serious attention,” while simultaneously admitting an “uncertain distance between models and reality“.

With all the “turn that over to the government, too, so someone else will have to provide it for you” proposals that have come from Democrat Presidential hopefuls already, candidates are actually being asked if they are a “socialist” or a “capitalist.”

Artificial Intelligence is widely seen as a strategic technology and has thus engendered national development plans from countries across the globe to promote its progress. For quite some time, the United States has been conspicuously on the sideline.