Once upon a time, John Stuart Mill could write these words truthfully (“Of the Influence of Consumption on Production,” 1844):
It is no longer supposed that you benefit the producer by taking his money, provided you give it to him again in exchange for his goods.
He was talking, of course, about government tax-transfer programs intended to stimulate employment by subsidizing consumption. We cannot say this today.
Recent
From trade frictions to security flashpoints, the new year ahead promises a mix of continuity and potential volatility in U.S.-China relations. While Beijing’s growth in relative power—economic, technological, and military—continues, it is not aimed at “taking over...
A president is kidnapped, the government remains, and we’re told it isn’t regime change. We pull back the curtain on what our guest calls “regime changeover,” a strategy that uses spectacle and lawfare to force leverage without admitting occupation. From sanctions...
The easiest solution to this is stand the entire military industrial complex down until they fix this. But that is far too responsible. The fraud you are seeing in MN, WA and MA is large but the financial mismanagement in the Pentagon is hundeds of billions of dollars...
