The late great economist Peter Bauer used to say there is no “Third World,” i.e., no sharp line dividing developed from undeveloped countries. Rather, there is a development spectrum along which countries sit.
Mutatis mutandis, there is no “Free World.” So stop calling Trump the leader of it.
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From each according to his freely undertaken contribution to the creation of wealth. To each according to the same.
In the immediate aftermath of a tragic event it’s difficult to find clarity of facts and thoughts through a miasma of lies, unknowns and emotions. The impulse to collectivise, derive explanation from demographic classification is both primal and learned. Just as the...
Once again, the U.S. global military empire is the father of the fear that it propagates. And this time it’s right here in our own backyard. Just as freezing Russia’s dollar assets has encouraged foreign central banks’ gold accumulation and driven global...
