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Although social media is blamed for many social ills, the sickness doesn't come from Twitter or Facebook but from how the ruling classes have politicized life itself.
Big GovernmentSocialismWar and Foreign Policy
Between Western sanctions and its own statist economic intervention, the Russian economy is headed downward and there is not much optimism ahead.
Airfares may surge 40 percent or more in 2022. This could be the biggest price increase in many decades.
The Bank of England, the European Central Bank, the American Fed, and the Bank of Japan are all talking a lot about inflation, but none are embracing any real change.
KeynesMonetary PolicyFiscal Theory
Standard Keynesian theory posits that if the economy slows, government can revitalize it by increasing spending, which supposedly creates new demand. But government can't create something from nothing.
Big GovernmentCronyism and CorporatismProgressivism
Once upon a time, the progressive hero was "socialist man." Today, we have "Davos man," who is ready to plan your life for you—your wishes notwithstanding.
One will occasionally hear from a libertarian activist that Disney World is some sort of model for totally private governance. This is a huge exaggeration of the reality.
While the Fed governors claim "all is well" and that inflation is "transitory," the bad news continues to pile up. Inflation will be with us for a long time.