Politicians have limited amounts of political capital but an independent agency can have its own political capital. An example would be the Fed's ability to pursue monetary policies that are unpopular
One report says the foreigners have all gone home, another report says Ukraine has an abundance of foreign help
It's a form of intellectual laziness to re-purpose simple labels to the meta context of international relations
In a world of perfect competition, there are no profits, but in a world of monopolies, the capital and labor markets are forever in disequilibrium…
The government has to be strong enough to enforce the law, or there is no law
There are techniques that can help us make the right choice even when someone is trying to charm us
The only path to happiness is to know yourself and your values
The instability of the business cycle makes the financial sector the most essential to control
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