“Judgments are not intended to imply that we have proof that shows something to be a fact.” — “Declassified Intelligence Community Assessment of Russian Activities and Intentions in Recent US Elections,” Appendix B, Estimative Language
Mass Production Equals Mass Consumption
[R]elative shares in national income have remained substantially constant over the last hundred years. This, however, is true only if we measure them in money. Measured in real terms, relative shares have substantially changed in favor of the lower income groups. This...