We have myriad problems about pensions, both public and private, at present. But the root cause of all of them is actually something to celebrate: we're all living longer.
Anna Schwartz blamed the Fed for the last disaster, in the 30s, and she was right. Now she's blaming the Fed for the current problems: is she right again?
No, Somalian anarchy is not the perfect state. But amazingly, the absence of government is better than the presence of some governments.
The secret to understanding Adam Smith. He describes meticulously that which is - and not so much that which should be.
The universal first rule of politics:
Every politician really, sincerely, and truly wants what is best for the nation ... as his or her second priority, after doing whatever it takes to get elected or re-elected.
The language here is shocking but then perhaps justifiably so. The lies and contortions are simply fantastical.
And finally, celebrating May Day.
