When a capitalist invests in a business — thus increasing worker productivity and earnings — he's performing a humanitarian service to the community.
Obama's "I’ve got a pen and a phone" has perhaps found its equal in Trump's declaration of national security designed to make it even easier for him to spend taxpayer money.
Taxes and Spending
Usually, in the marketplace, the billionaire gets his billions when he provides a service that enormous numbers of people are willing to voluntarily pay money for.
Jeff Deist joined CrossTalk yesterday to discuss the influence of neoconservatives like John Bolton on Trump's foreign policy. Things get heated with another guest when Jeff questions the dubious "War on Terror," the enormous US...
MMT: A recipe for inflation, capital consumption, and higher time preference.
Our own Jeff Deist offered up an ambitious progressive plan via Twitter.
Corporate WelfarePolitical Theory
Paul Krugman seems to think those who like freedom and free markets are somehow responsible for the current mess brought on by crippling government debt and an enormous federal budget.