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Booms and BustsMoney and Banks
Despite double-digit unemployment rates, banks are keeping loan-loss provisions low, no doubt assuming Uncle Sam will keep everyone’s boat afloat. But all good things come to an end.
American healthcare practitioners already do a relatively poor job of caring for birthing mothers. Haphazard and harmful covid prevention policies show an alarming disregard for their mental and physical well-being.
If we want to understand the numbers behind the need to "flatten the curve," we must look at how government programs like Medicare have reduced hospital capacity in recent decades.
SocialismTaxes and Spending
Over time, the demand for reparations has evolved from a demand to compensate specific victims to became just another call for more funding from a national welfare state.
The Police StateCalculation and KnowledgePrivate Property
The case for the privatization of roads has much to recommend it if only in terms of how it would affect the power of the police to detain us, search us, and seize our property.
If we can spend a few trillion overnight to bail out investors and send out 150 million stimulus checks, why not also launch a universal basic income and a slavery reparations program?
Demand for gold tends to increase as faith in government and government intervention in the economy declines.
Bureaucracy and RegulationHealth
Government policy has been driving out smaller providers and driving up healthcare costs. The covid-19 lockdowns will only make things worse.