Five years ago, the spread of the Covid-19 virus gave politicians the excuse to go full totalitarian. Their fear-based campaign consisted of authoritarian measures that were based on lies and half-truths.
While Elon Musk and his DOGE team have made some highly-publicized “cuts” in federal spending, much of the federal budget has been hammered in stone for a long time. It will take fundamental changes in spending patterns to make a real difference.
Mainstream economists claim that in order to “do economics,” they must collect data and then see where it leads them. However, data by itself is economically useless without a guiding theory to explain what is happening.
Is “extractive” always a dirty word? While mining and energy fuel civilization, modern environmentalism has reshaped public perception—and the economy. What happens when ideology clashes with reality?
Great Britain‘s Labour government, since coming into power last year, has taken a number of measures that already are resulting in lowering the nation’s standard of living.
