Ghani and Abdullah both swear themselves in as president of Afghanistan and the “National Unity Government” in Kabul is dead. What’s next, full scale war between the Tajiks and the Uzbeks?
What a damned disaster.
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...