What Krugman Gets Right and Wrong on Trade Surpluses
Krugman’s recent NYT column on Russia features commentary on trade surpluses that is at best very misleading.
Krugman’s recent NYT column on Russia features commentary on trade surpluses that is at best very misleading.
Thirty-nine people were killed in school shootings in 2018 (one of the worst years). In the same period, 900 children drowned, and 1,800 were murdered via child abuse.
Ireland has been "experimenting" with MMT and price controls. The results are predictable.
The proabortion centralist line of "accept our definition of human rights, or else" is what we'd expect from the imperialists of old who claimed the "savages" in the colonies couldn't be trusted with self-government.
There are two competing visions for the Right.
While the covid-19 pandemic brought sickness and death, another pandemic raged through Washington: abuse of executive power.
While supporters of the Biden administration fault Putin for shortages, Austrian economists know the answer lies in Washington's monetary and economic mismanagement.
After the 2008 housing bust, the government supposedly set up a fail-safe mortgage program aimed at preventing future bubbles. It failed.
The combination of covid lockdowns, money pumping, and attempts to force a new green economy are taking their toll. This is not going away any time soon.
While the standard secular narrative is that Christianity held back science and human development, history tells a different story, one of literacy and the development of human capital.