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Kamala Harris has promised to rule by decree if elected president. For her, Congress is little more than an advisory committee. The average voter, of course, ranks even lower than that.
World HistoryOther Schools of ThoughtPhilosophy and Methodology
By advocating an increased monetary role for the state, Keynes has made the credit cycle considerably worse and more destabilising.
Protectionism and Free Trade
Thanks to trade with the Chinese, more Africans have access to safe food they would otherwise lack.
Labor and WagesValue and Exchange
Truckers are paid less now than in the 1970s because government regulators once tightly controlled competition, thus driving up the cost of living for everyone else.
Historians have neglected the role of John Maynard Keynes in writing some of the worst provisions of the Versailles treaty — which sowed the seeds of World War II.
As decades pass since the fall of the USSR, romanticism is replacing the bitter facts of the lives people in communist regimes were forced to live
Kerkorian was an eighth-grade dropout who would go on to earn billions, and epitomized Mises's idea of the entrepreneur.
Big GovernmentMedia and CultureOther Schools of Thought
Besides the fun of catching Krugman in his flip-flops, his record shows just how weak the empirical case for Keynesian fiscal policy is.