Skyrocketing asset prices are great for hedge fund managers and Wall Street types, but they increasingly drive ordinary people into unsustainably large amounts of debt.
When we speak of entrepreneurship, we need to specify if it is economic or political. The first expands wealth and freedom; the second makes us poorer and less free.
In seeking membership in NATO, Finland and Sweden seem to believe they will have more military security. But they also are giving up their precious independence.
