So much confusion would be avoided if we reminded ourselves now and again that economics began not as a search for order but as a search for the explanation of the order that was too obvious to miss.
TGIF: Envy, Ignorance, Barbarism Triumph in New York
Democratic socialist Zohran Mamdani's mayoral victory in New York City is a triumph of moral barbarism, economic illiteracy, illogic, and just plain envy. Mamdani's campaign had a double pitch: billionaires should not exist, and "the people" deserve free stuff. At...
