There are two very distinct approaches to crisis resolution. One is the socialist approach, adopted by most governments of the world in the latest coronavirus crisis. The other is the individualistic approach, used by few [more…]
“Trust the state. Do what they say. They’ve never lied to us before, have they?” – Daniel McAdams, Ron Paul Institute for Peace and Prosperity Central bankers are washing their hands too Looking at the [more…]
“You never want a serious crisis to go to waste. And what I mean by that, it’s an opportunity to do things you think you could not do before.” – Rahm Emanuel, Barack Obama’s Chief [more…]
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…]
The aspiration for this article is to enlighten some Puffins about the several about-turns the Communists were forced into before, during and after the Molotov-Ribbentrop Pact when Nazi Germany and the Soviet Union were enemies, [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…]
Here we are again, frens. The outcome of the general election is now clear for all to see. A near flawless victory for Boris and the Tories. Many here were worried about another hung Parliament [more…]
For some time now I have been mulling over the possible causes of what seems to be an increase in the desire for socialism among the young. For someone of my generation (an early post [more…]
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