Much of the developed world is slipping into a hyperregulated malaise. Growth rates are down across most major economies, and the developing countries are catching up to our errors almost as fast as they are growing. Increasingly, even in the US you would have to be outside the norm to afford a house by age forty. The median age of a first-time homebuyer in 2023 is the same as a repeat buyer in 1981. We’re not allowed to build and grow, but we’re told everything is ok as long as the stock market hasn’t crashed. When we point out the system isn’t working, we are told we should be happy because degrowth is good for the environment.
It is time people stopped feeling obligated to justify their existence to a managerial class of unelected bureaucrats. Their incompetence and capture to powerful
2024-02-22