"We’re already past any of these illusions about democracy or politics or constitutionalism. I would argue that we’ve reached the point where loving our country requires us to identify and begin to separate the various nations which are within it. I think there’s nothing more important today."
It makes sense that individual ethics can vary within a natural law framework: the nonaggression principle isn't so much a rule to be applied as a norm to be followed. It's the foundation that makes life among other people possible.
Useful goods and services, and the productive resources needed to create useful goods and services, are wealth. Money is not wealth, and creating more money without first creating wealth is a big problem.
It should be self-evident that a just and moral political regime can only exist in the long term if a sufficiently large number of people actually believe in it.
Strict lockdowns have devastated millions of families' incomes while failing to bring success in suppressing covid mortality.
This victory is not of one candidate or party over another in this race or that, but rather a resounding ideological defeat of one of the most illiberal and menacing forces we face at the moment: technocracy.
The Japanese experience offers valuable lessons for the US and Europe. A loose monetary policy can stabilize a recession for the short term, but a persistent flood of cheap money paralyzes productivity gains and growth.
Pollsters, many of whom predicted an overwhelming "blue wave," obviously failed miserably as reliable gauges of political sentiment. But prediction markets may offer an alternative.
Unless the Left's opponents focus on changing voters' ideological drift to the left, candidates who want to actually win elections will have to keep moving left also.
A trade deficit isn't actual evidence that anything is wrong. But if it were, one of the best things to do would be to reduce government spending. Unfortunately, politicians disagree.
