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The EnvironmentTaxes and Spending
The whole episode shows the folly of top-down political solutions to social challenges.
U.S. EconomyU.S. History
It is troubling that after a decade of an economic expansion, the US government is still spending money as it does during and immediately following a recession. It is as if the economy is now in a state of permanent "stimulus."
Global EconomyWorld History
Anti-poverty programs pushed by social democrats have enabled ever higher levels of corruption as bigger government programs mean the ultra-rich can skim more off the top.
Money and BanksMoney and Banking
Donald Trump thinks the Fed raised rates "too fast." In truth, rates have been at remarkably low rates for the past decade. And how would Trump know how fast is "too fast" anyway?
Corporate WelfareTaxes and Spending
If I were a corporate shill, the last thing I'd want is a free-market, laissez-faire economic system.
Booms and BustsGlobal EconomyU.S. Economy
The main indicators of the economic cycle point to a possible crisis and recession in the US economy. and maybe also in Europe.
Booms and BustsBusiness Cycles
The negative consequences of expansionary monetary policies take a while to show up, but Deutsche Bank's collapse may be the first sign of failure.
Big GovernmentThe Environment
The most alarming of the projections of climate change damages rely on naïve assumptions about human adaptability.