The crisis of 2020 has invited a lot of comparisons to the past, particularly the influenza pandemic of 1918-1919 and to various war efforts. For those concerned with banking, public finance and monetary policy, the summer of 1914 might be a more appropriate candidate.
Hopefully, How Innovation Works: And Why It Flourishes in Freedom will inspire others to champion the planting of the seeds of innovation while protecting the soil of freedom that this precious and most delicate of flowers – that “child of freedom and parent of prosperity” — thrives on.
Protectionism fully implemented across all industries would mean a lower standard of living, because it would result in capital and labor unnecessarily being diverted into the production of goods that could more economically be produced elsewhere.
“Saving lives” is inseparable from saving livelihoods.
A silver lining to this pandemic is that now more parents are learning about their options outside the government schooling system.
Pandemic or not, the dream of abandoning fossil fuels is just a dream—a suicidal one
Poor performance is often blamed on finances; however, the poorest performing schools have the highest per-pupil spending.
A disturbing trend among true believers is to quip that “Bitcoin fixes this,” almost regardless of what the problem may be.
There is a realignment of politics underway in the UK and most other developed countries; in the UK it is now almost complete, thanks in no small part to Brexit whereas in some other countries it is still happening; Brexit did not cause this realignment, but it was caused by it.
CAPITALISM REVIEW