Joe Stiglitz is a man with a large ego who believes he holds a special knowledge about economics. In his latest book, however, The Road to Freedom: Economics and the Good Society, his description of what he thought F.A. Hayek believed is a caricature of Hayek‘s thought.
Organized labor, which long has been the bedrock of the Democratic Party, is being courted by the MAGA Republicans trying to bolster their image with the “working classes.” But labor unions are no true friend to the working class.
Some secessionists are talking about redrawing the Illinois-Indiana border. The fact that politicians so vehemently oppose this suggests it’s a good idea.
It is no concern of ours. And this does not mean trying to broker a settlement in the Ukraine war. It means staying out completely. We should not send any weapons there.
While MMT advocates claim special knowledge, the irony is that they don't understand money at all. Like all progressive statists, they fail to comprehend the economic damage done through their “modern” monetary manipulations.
While state power has smothered French society for more than four centuries, the problem is becoming worse, as the government deliberately undercuts the market economy to “fight climate change.” The French will have neither cooler temperatures nor prosperity.
President Trump is levying high tariffs without consent of Congress, despite the fact that the US Constitution gives only Congress the power to set tax rates. It is time for Congress to stop redelegating its lawfully-delegated powers.
Before leaving office, President Joe Biden posthumously pardoned black nationalist Marcus Garvey, who was convicted of mail fraud in 1923. Like other dissenters that came afterward, Garvey was hounded by the FBI. He remains a complex character even in death.
The Fed is losing record amounts of money, but in the magical world of money-printing, it‘s not a problem for the Fed. It‘s just a problem for the taxpayers.
Since there is no genuine test of merit in government’s “service” to consumers, the bureaucrats have decided that the metric of success is commanding a bigger staff and a bigger budget.
