Several comments and questions on my last essay deserve a thoughtful response, which is the theme of today’s essay. You may recall its references to today’s dependency culture – the “expectation syndrome” that fuels the [more…]
“[Johnson had] the utter inability to comprehend the questions of morality or ethics raised by his actions, an utter inability to feel that there was even a possibility that he had violated accepted standards of [more…]
“The number of votes at the patrónes’ command was not necessarily limited by the number of eligible voters. Since voters over the age of sixty were not required to pay poll taxes, and since poll [more…]
“The power of money was less ephemeral than power based on elections or individuals. It could last as long as the money lasted, exerting its effect not only on an incumbent but on his successors. [more…]
“I do understand power, whatever else may be said about me. I know where to look for it, and how to use it.” – Lyndon Johnson [The Years of Lyndon Johnson: Volume 3: Master [more…]
For anybody who may have missed it, in October 2020 a new ‘Diversity Built Britain’ coin was unveiled on the UK public sector information website GOV.UK to mark “the profound contribution minority communities have made [more…]
As a a professional research economist my first contact with crypto currency came with my ever increasing commitment to Austrian School economics over a decade ago. Always a free marketeer in the traditional classical liberal mode [more…]
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