People Who Are Complaining About The Fed

Social Security Is A Social Insurance Program - It Is Not Designed To Be The Same Thing As A 401(k).

Governments Do Not Necessarily Act In The National Interest, Especially When Making Detailed Microeconomic Interventions. Instead, They Are Influenced By Interest Group Pressures. The Kinds Of Interventions That New Trade Theory Suggests Can Raise National Income Will Typically Raise The Welfare Of Small, Fortunate Groups By Large Amounts, While Imposing Costs On Larger, More Diffuse Groups.

The French, Unfortunately, Actually Believe What They Say, And That Has Been Very Destructive.

The United States In Particular And The West In General Should Be Feeling A Little Embarrassed About All That Lecturing We Did To The Third World.

Politics Determines Who Has The Power, Not Who Has The Truth.