There is nothing new under the sun Modern Monetary Theory, or “MMT”, has been getting a lot of attention lately, often celebrated as a revolutionary breakthrough. However, there is absolutely nothing new about it. The [more…]
Kristian Niemitz, Head of Political Economy at the IEA, wrote a book last year in which he explores the reasons why the idea of socialism persists as a viable economic system. In “Socialism: the Failed [more…]
Monday Bozzie is still away this morning, at the G7, but he seems to have been upsetting a quite a few people. You might remember that yesterday he complained about the US not allowing our [more…]
The US Department of Defence is a major customer of many private sector suppliers, including the Boeing Company. Although relationships between customer and supplier are mutually beneficial, that is by no means the only reason [more…]
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