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By making covid a political virus, progressive politicians, cheered on by their media, applied political "solutions" that failed to protect the most vulnerable people.
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Protectionism and Free TradeOther Schools of Thought
Krugman’s recent NYT column on Russia features commentary on trade surpluses that is at best very misleading.
InflationMonetary PolicyPrice Controls
Ireland has been "experimenting" with MMT and price controls. The results are predictable.
Anti-PoliticsBig GovernmentBureaucracy and RegulationDemocracyProperty RightsPolitical Theory
There are two competing visions for the Right.
The proabortion centralist line of "accept our definition of human rights, or else" is what we'd expect from the imperialists of old who claimed the "savages" in the colonies couldn't be trusted with self-government.
Bureaucracy and RegulationProgressivism
While the covid-19 pandemic brought sickness and death, another pandemic raged through Washington: abuse of executive power.
Booms and BustsCoordinationBusiness Cycles
While supporters of the Biden administration fault Putin for shortages, Austrian economists know the answer lies in Washington's monetary and economic mismanagement.