Have you ever noticed that it's only the wealthy Nordic countries that are singled out as being "socialist"? Places like Greece and Italy, which are more socialistic than Scandinavia, never seem to warrant a mention on this topic.
The nationalists in favor of a new constitution in 1787 sent their richest, most schooled, and most "distinguished" men. Fortunately for them, ceteris paribus, the more distinguished any given gathering, the more statist and reactionary it will likely be.
I would be silly to suggest that I know the precise potential of cryptocurrencies, but I would be even sillier if I were to say that the Indian government does.
If monetary stimulus could strengthen real economic growth, then world poverty would have been eliminated a long time ago.
The covid-19 lockdowns have unexpectedly brought into clear view the fact governors wield immense power over the daily lives of Americans. Some state legislatures have moved to limit this power. Better late than never.
Opponents of bitcoin now claim that bitcoin mining causes global warming and is an environmental threat. But the boom-bust cycles caused by central banks and their fiat money are far worse than any carbon footprint bitcoin can produce.
The Dems are still claiming that welfare spending withered away during the Trump years. But that's obvious nonsense, and Trump's megaspending slathered trillions of dollars on pretty much everything.
Capitalism isn't just better because it makes us materially better off. Capitalism also helps us forge a more humane and civil society.
The goods created by automation—and the labor freed up by it—become inputs for industries downstream.
In his book-length essay on neoliberalism, Alberto Mingardi provides some much needed clarification and explanation of this concept that has long been one of the Left's favored bogeymen.
