In the thinking of many experts, all problems and solutions are geared to the mindset of central planners—of people like themselves. Climate scientists mistakenly believe themselves solely qualified to determine public policy for everyone else.
Family policy has become an important area of state growth in recent years. In the past, various state interventions served to protect the family (tax privileges, child benefits, etc.), but today’s politics are almost exclusively harmful to the family.
The new Keynesian recommendation for monetary policy is to “stabilize the growth of aggregate demand.” In plain language this means that the monetary authorities should never stop flooding the economy with paper money.
The lockdowns of the past month have not been conducive to the common good. While they have saved the lives of many people, they have also endangered—and are still endangering—the lives and livelihoods of many others. They have created a new and dangerous political precedent.