The regulatory burden rarely get the coverage of tax policy because it is complicated, hard to measure and reporters are lazy- yet the combination is the total friction cost on business. Increasing the regulatory burden while stimulating the money supply may be the simplest and best definition of stagflation.
Read More“If you are not used to the intellectual compartmentalization required of an American politician, it can be jarring to hear, e.g., Senator Sanders demanding “revolution” at 10 a.m. and denouncing “insurrection” at 10:15 a.m”
Read More“You don’t get to be “against the rich” if the richest people in the country fund your party in order to preserve their government-sponsored monopolies. You are not “a supporter of free speech” if you oppose free speech for people who disagree with you. “
Read Morea just, democratic society requires equal opportunity, equal justice, and equal responsibility; it does not require equal outcomes.
Read MoreMan’s collective identity was expressed politically in socialist ideologies and economically in corporate structures. Technical advances empowered the collective, rendering the morality and individual prudence ill prepared to contain.
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