How Science So Often Devolves into Quick Fixes and Quackery

Open a popular magazine of your choice, or even the newspaper of record, and you’ll find a lot of fascinating claims seemingly backed by scientific aura. Eat this superfood and you’ll be healthy; do this minor thing every day and you’ll be successful; have governments just slightly change some condition that faces us hapless humans and we’ll change the world.

Governments Love Inflation, and They Won’t Do Anything to Stop It

No government looking to massively expand its size in the economy and monetize a soaring deficit is going to act against rising prices, despite claiming the opposite.

One of the things that surprises citizens in Argentina or Turkey is that their populist governments always talk about the middle classes and helping the poor, yet inflation still soars, making everyone poorer.