Ideally, political elites would like nothing more than state-sponsored ethnic conflict. Having multiple groups pitted against each other in petty political squabbles makes effective opposition against the managerial class virtually impossible.
It is popular to assume that colonialism explains most modern-day dynamics in the developing world. But what if precolonial institutions are the real deciding factors?
Central banks are claiming that their introduction of digital currencies is not tied to monetary policy, but it's clear that these digital currencies' potential effects on policy are precisely why they're being pushed.
If the word “free” is to have any meaning, it should mean something more than whatever freedom remains after the government has finished restricting it.
The trouble with China’s new five-year plan is that it attempts to solve problems while leaving their underlying structural causes unaddressed. In this it is not unlike the final Soviet five-year plans of the 1980s.
Most regimes in favor of strict lockdowns in western Europe now have some of the highest covid death rates in the world. And now prolockdown eastern Europe is headed in the same direction.