European Union regulators are levying draconian new requirements for aviation fuel that will surely force up costs for airlines operating in the EU. While these new rules will have zero effect on the climate, the effects on their airlines and their passengers will be negative.
The central pillar of the Keynesian system is that spending drives the economy, so savings on a large scale will push the economy into recession. As Austrians know, that narrative is entirely false and fails to accurately explain how the economy works.
Alexander Stephens's infamous “Cornerstone” speech remains controversial even today. The simple revisionist narrative is that the northern states opposed slavery while only the South supported it. Like all narratives, it leaves out important information.
Americans once dreamed of a country that did not care about global greatness or glory. It was within our reach if we had been wise enough to grasp and hold it.
The standard Keynesian line is that the government can shorten recessions by using fiscal and monetary “stimulus.” However, as Austrian economists note, ratcheting up government spending only makes things worse, setting the stage for the next economic downturn.
As people from Generation X move toward retirement, they are starting to understand that Social Security really is in crisis and many public pension plans are underfunded. Furthermore, they find that inflation is eating through their retirement savings. This won‘t end well.
Joe Biden‘s term is over, but while in office he continued the practice of lying and locking up federal documents that could expose federal government wrongdoing. One hopes against hope that President Trump will reverse that trend.
Lawrence McQuillan joins Bob to delve into the regulatory failures and mismanagement behind the wildfire crisis in California.
Michael Huemer’s book Progressive Myths takes the progressive worldviews to task, exposing them for their deceitfulness. As usual, the narratives do not fit the truth.
The author James Lindsay has gotten mileage by introducing the phrase “Woke Right” to describe certain ideological elements associated with the MAGA movement. The “woke” concepts coming from the left, however, are not the same, structurally speaking, as what conservatives are saying.
