Petrou's new book on monetary policy details how the Fed's turn toward QE and ultralow interest rates have done wonders for billionaires while impoverishing millions of ordinary people.
Thanks to private property, trade, and the Industrial Revolution, there isn't much to be gained from wars among rich countries anymore. But things are different in the developing world.
MMT is a pseudoreligious conviction that anything is possible and that the one and only solution is always Glorious Government.
Critical race theory is the belief that economic prosperity results from racial oppression, not individual wealth creation. This means CRT's supporters are fundamentally opposed to individual human rights.
Much talk about the central bank's policy centers on whether the target interest rate is above or below the "natural rate." Unfortunately, we will never know what the natural rate is.
The Fed is dumping cash into Fannie and Freddie which is helping investors buy up more trailer parks.
As long as Big Pharma wants it, and if there's a profit to be made, apparently our government will be there to provide lots of taxpayer funding. Actual healthcare is apparently a secondary concern.
Biden's vaccine mandates are yet another dangerous frontier in using a perceived or real crisis to justify an immense expansion in state power and control over the population.
The terrorist attacks of 9/11 were possible thanks to an immense military and intelligence failure on the part of the United States government. Why think these people "keep us safe"?
All goods and services are scarce, and government intervention has never changed this reality. The scarcity of water is nothing new, nor is it an impossible conundrum for markets.
