by Henry Oliner | May 22, 2019 | Politics, Progressivism
From the National Review, Charles Cooke in Socialism Is Not Democratic: History has shown us that socialism exhibits three core defects from which it cannot escape and which its champions cannot avoid. The first is what Hayek termed “the knowledge problem.” This holds...
by Henry Oliner | May 18, 2019 | Politics, Progressivism
From the National Review, Charles Cooke in Socialism Is Not Democratic: In the United States, and beyond, we do not think about our democracy in purely procedural terms. While majority rule on certain political questions is indeed deemed imperative, we nevertheless...
by Henry Oliner | May 11, 2019 | Politics, Progressivism
Was Donald Trump’s 2016 victory a rejection of Hillary Clinton or an ideological change? In The Great Revolt Selena Zito noted critical districts in the Midwest that had voted with substantial margins for Obama voted for Donald Trump with similar margins. Does this...
by Henry Oliner | May 6, 2019 | Economics
The growth in the debt from the accumulated deficits would have expected to increase inflation according to most economic models. There are several theories why this has not occurred. The decrease in velocity, the turnover of money, has muted the effects of monetary...
by Henry Oliner | May 3, 2019 | Economics
From National Review Yuval Levin, The Free Market Tradition: Part of a moral defense of the market system would have to shed light on its moral goals and premises. These are not hard to discern, for instance, in the thought of capitalism’s intellectual progenitors....
