Activity

This reminds me of the way some libertarians are convinced that lower taxes will always guarantee a wealthier society. The math is wrong; outcomes from complex systems are actually filled with peaks and valleys.

To a libertarian or "austerian" I say: If we desire some form of markets or capitalism, we must live in a bell-shaped world, with a dominant middle class, for that is where customers come from. Neither a petro-fiefdom, a military dictatorship, nor a narco-state can support authentic internal market…

[...] In this approach, the contents of books would be atomized into bits of information to be aggregated, and the authors themselves, the feeling of their voices, their differing perspectives, would be lost. Needless to say, this approach would hide its tracks so that it would be hard to send a na…