Social media tends to be blamed for the overall nastiness of public discourse. Instead of condemning this form of communication, condemn the fuel that feeds this conflagration: democracy.
Original Article: Social Media Should Not Be Blamed for the Consequences of Democracy
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2023-12-01
Austria is one part of the name “Austrian economics.” How has the country of Austria prospered by applying Austrian economic concepts? The nation regained full sovereignty in 1955. Their form of government is a parliamentary coalition with a prime minister as head of state and a ceremonial office of president.
How would Ludwig von Mises view Austria today implementing Austrian economics? He would not recognize the country he fled in 1934 ahead of the German war machine and its purposeful discrimination of people of Jewish descent. He would probably be thankful Austria’s Jewish population is thriving. He would also see its standard of living and economy flourishing today.
Austria has large services and industrial sectors, and it has a small, highly developed agricultural sector. The
2023-12-01
Former US secretary of state and national security advisory Henry Kissinger died on Wednesday. He was 100 years old. Kissinger is perhaps most notable for his work during Nixon Administration when he helped Nixon prolong the Vietnam War and expand it to Cambodia and Laos.
But his influence was certainly not limited to the Nixon years, he served in an official capacity in the Ford administration, and in more informal roles during the Reagan and Bush years as well. Throughout it all Kissinger was a ruthless servant of the American foreign policy establishment. As a Harvard-educated political scientist, Kissinger was employed to provide gravitas and legitimacy to a number of US wars and interventions, most of which ended in bloodbaths for the ordinary people of the countries Kissinger claimed
2023-11-25
In an October column, Paul Krugman admonished people who are not all in on the Joe Biden economy and declared that we are headed at worst for a “soft landing” in which an economic slowdown—if it happens at all—will be short and shallow. He wrote:
The most important reason for optimism is that an ever-widening range of indicators suggests that the conventional wisdom—that we needed a recession to bring inflation under control—was wrong. Instead, we seem close to returning to the Federal Reserve’s inflation target without paying much of a price at all. (emphasis mine)
Two months earlier, Krugman’s employer, the New York Times, ran a disturbing piece entitled, “America Is Using Up Its Groundwater like There’s No Tomorrow,” in which the Times chronicled how urban and agricultural interests are
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