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The art of economics consists in looking not merely at the immediate hut at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups—Henry Hazlitt

Showing posts with label deficit spending. Show all posts
Showing posts with label deficit spending. Show all posts
Sunday, October 26, 2025

The Political Economy of Corruption: How Social Democracy Became the Engine of Decay

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  In a world of uncertainty, no one knows the correct answer to the problems we confront and no one therefore can, in effect, maximize profi...
Sunday, October 12, 2025

The BSP’s Seventh Rate Cut, the Goldilocks Delusion, and Technocracy in Crisis

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  Economic interventionism is a self-defeating policy. The individual measures that it applies do not achieve the results sought. They bring...
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