Why Mainstream Economic Forecasts Are So Often Wrong
Thanks to politics, confirmation bias, and bad monetary economics, central banks have a lousy record when it comes to economic forecasts.
Thanks to politics, confirmation bias, and bad monetary economics, central banks have a lousy record when it comes to economic forecasts.
What can be done now? President Trump should not urge us all to “come together.” Instead, he should support secession.
If California voters and politicians do not understand the current crisis, we will see the continuous march to perdition as California politicians refuse to acknowledge that they are killing the geese laying the golden eggs.
We're told more government spending will get the economy back on track. But increasing government spending weaken the process of wealth creation.
The silent majority is the one that benefits from recent agricultural reforms, but mounting pressure from the vocal minority has prompted the government to once again increase government meddling.
Coups are nearly always acts committed by elites against the sitting executive power using the tools of the elites. It's clear the elites want Trump gone, and Wednesday's riot was no coup.
It is partly an attempt to erase the Trump movement from the pages of history, but it is also an attempt to silence criticism of the emerging political consensus in the coming Biden era that may come from progressive or antiwar circles.
For people who remain mystified as to how populists like Donald Trump get elected, they need not look much further than this.
Acton: “Liberty is not a means to a higher political end. It is itself the highest political end…not for the sake of a good public administration…but for the security in the pursuit of the highest objects of civil society, and of private life.”
Corporate cost cutting sets the stage for future gains in profitability and productivity, and there is no resulting "paradox of thrift" requiring easy money policies to "fix" the problem.