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SocialismCapital and Interest TheoryProduction Theory
Marx’s theory of exploitation forms the foundation of all his work. But Marx couldn't tell the difference between profit and surplus, exposing the incoherence of his theory.
Media and Culture
Pollsters, many of whom predicted an overwhelming "blue wave," obviously failed miserably as reliable gauges of political sentiment. But prediction markets may offer an alternative.
Protectionism and Free TradeTaxes and Spending
A trade deficit isn't actual evidence that anything is wrong. But if it were, one of the best things to do would be to reduce government spending. Unfortunately, politicians disagree.
Big GovernmentPolitical Theory
Grand invocations that "I will unify us" are actually shorthand for "We mean to get our way, regardless of others' well-being and desire."
An economic depression is not caused by the collapse of the money stock, but rather by the collapse of the pool of real savings. This is set in motion by previous monetary pumping.
Even if he loses, Donald Trump still has time to change military policy, pardon allies, unseat the Federal Reserve Board of Governors, and throw a wrench in the deep state apparatus.
Legal SystemPolitical Theory
Election 2020 is the same as every other election, only the state’s mask of legitimacy is slipping.
U.S. HistoryWorld History
Romanticizing the history of nonwhites to portray them as saints is dehumanizing.