As the British economy falters, the government returns to its Keynesian roots. They will find once again that the legacy of J.M. Keynes is inflation and economic ruin.
If the so-called experts really want to reduce CO2 emissions, they should look at improving farming methods and forestry, not ridding us of fossil fuels.
Americans think hyperinflation can't happen here. Yet government spending and money creation are out of control, and it will not take much to trigger massive price hikes.
Modern monetary theory assured us that printing money wouldn't create an inflation problem. Oddly enough, we don't seem to hear much from the MMTers anymore.
The jobs data is worse than the latest headlines suggest, and workers are staring at falling real wages, declining savings, and mounting debt. We can thank the Fed.
The US Supreme Court has heard arguments for and against affirmative action in higher education admissions. Government needs to get out of the racial discrimination business altogether.
