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Taxes and Spending
The Social Security program will have to be either inflated away with increasingly worthless dollars or Congress will have to intervene to cut benefits.
Social Security has been a money-losing mess for decades, and it's a major drain on private sector saving and investment.
Philosophy and Methodology
Taleb maintains he’s a statistically-oriented orthodox economist. But I don’t think he understands what people mean by “orthodoxy.”
Money and Banking
Inflationary monetary policy is driving markets toward ever larger and more monopolistic firms that dominate the marketplace.
Most of the resolutions passed by local governments in the name of "second amendment sanctuary" efforts don't actually do anything.
SubjectivismValue and Exchange
Anti-capitalists love to claim that consumers don't really have free choice — that advertisers and peers really dictate to others what they should buy. In truth, consumers choose freely, but use others to filter information and simplify the process.
A comparison between the two theories of entrepreneurial action suggest that it may be time to drop the use of the words “equilibrium” and “disequilibrium” from economics.
Money and BanksProtectionism and Free TradeMoney and Banking
Japan's Shinzo Abe has turned to Europe in hopes of stabilizing Japan's fiscal and and monetary situation. But Europe is a shaky foundation on which to build anything.