Category Archives: Politics
Tasting the Forbidden Fruit of Free Money
There’s something irresistibly magical and intoxicating about the promise of free money. For it promises life without labor…and life without limits. Moreover, once a nation has taken a bite there’s no going back. Free money, you see, is so delicious that too much is never enough. Continue reading
Beware of Plans to Build Back Better
Central planners the world over disdain the free exchange of goods and services. They believe they can better shape the world around them according to their wishes. This fatal conceit compels them to intervene in destructive ways. Continue reading
Facing Down America’s Myths and Legends
Each generation is disposed to its own unique myths and legends. Perhaps an absence of prior experience is what compels the younger generation to pick up the torch of popular delusion, regardless of whether it’s pure madness. The older generation, on the other hand, may have garnered false expectations through a lifetime spent living in a world that no longer exists. Continue reading
Geopolitical Shocks and Financial Markets
The procession of news through the week – namely that chronicling the aftermath of the targeted drone strike and killing of Iranian General Qasem Soleimani – advanced with an agreeable flow. The reports at the start of the week were that Orange Man Bad had spun up a Middle East mob of whirling dervishes beyond recall. World War III was imminent. Continue reading
