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Corrupt elites need an enemy, and they’ve found a new one
Bill
Mistakes have their place. As a society matures, its elites seek to get more and more of its surplus output for themselves. They “milk the system”, becoming more corrupt over time. They get richer. Th
After World War II, America and its allies put in place a set of alliances, institutions and power structures to rebuild war-ravaged countries, create geopolitical stability and generate global econom
There are policies that seem to work and some that don’t. But the policy that always works best is no policy at all. That is, left alone, people do the best they can with what they have. Only they kno
The troubled history of US-China relations
The world is full of recurring patterns, not just in the natural world but in the social realm, too. There is the boom-bubble-bust cycle of the stockmarket. There is what we call the Primary Trend, in
Issue of the week: Trump’s Asian tour Markets ...