Why So Much Hate for the Free Market?
Given the manifest superiority of the free market, why do so many intellectuals reject it?
Given the manifest superiority of the free market, why do so many intellectuals reject it?
Neutrality limits conflicts instead of escalating them. Neutral states cannot swell their power through war and militarism, or murder and plunder the citizens of other states.
While the battlefield results are mixed, much of the action in the Russia-Ukraine war is happening beyond the warring countries.
Paul Krugman recently wrote that the reason we see high inflation is that people mistakenly believe inflation is in our future and act accordingly. This reasoning is false.
It is most helpful to think of the Fed and the Treasury as one thing—one combined government-financing operation whose financial statements should be consolidated.
Russian oligarchs, American pols, and state-connected billionaires are all cut from the same cloth: they didn't earn, or fully earn, their wealth and position in society. We must withdraw our sanction of these people.
Those responsible for locking down much of the US during covid blame the pandemic itself for the economic and social havoc that followed. Perhaps they should look at the lockdowns themselves.