Dear Mr. President, Security Does not Create Development
Even though security might be a necessary condition for development, it is not a sufficient one.
Even though security might be a necessary condition for development, it is not a sufficient one.
As Americans it behooves us to reassess the Wilsonian democratic legacy. More than an ephemeral aspect of our national past, it may be the fate that we have never escaped.
Before wealth can be redistributed by the state, it must first be produced. But welfare-state policies end up destroying the very wealth which is necessary for redistribution.
Before wealth can be redistributed by the state, it must first be produced. But welfare-state policies end up destroying the very wealth which is necessary for redistribution.
The real problem was the money supply inflation that happened during the boom phase. Combating deflation in the bust phase only superficially treats a symptom of the boom-bust cycle.
The Green New Deal contains a wish list of progressive social and economic goals that come with a staggering price tag.
Equalization of incomes can be accomplished only by moving down the road toward serfdom.