What we’re beginning to see is policy ghettoization, wherein states pass laws that the most fervent activists on the left and right, respectively, cannot enact at the federal level.
Millions of Americans have no conception of economics, and simply don’t believe tradeoffs exist.
Paul Krugman’s “logical problem” with ABCT derives entirely from his superficial understanding of the theory.
Life in American changed twenty years ago after the 9/11 attacks. Many Americans became enraged at anyone who did not swear allegiance to Bush’s antiterrorism crusade.
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The Fed’s apparent plan to somehow get to full employment and then deal with inflation sounds nice, but reality could easily derail the plan. Meanwhile, job growth is low and prices are rising.
Wilhelm von Humboldt ’s opposition to the reactionary policies of his government gained him as much ill-will at court as it did popularity among the people.
Political decentralization in modern times has shown itself to be the most potent intellectual restraint on the growth of Leviathan. The Constitution is not enough.
Just because the demand for money changes over time doesn't mean we need a money supply that changes over time also.
Michael Huemer has written outstanding book exposing many of the ways that many people fail to misunderstand logical fallacies in many ideological debates today.
