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Chicago Business Barometer Rises to Highest Level Since 2011
The Chicago Business Barometer rose to 67.6 in December, the highest level since March 2011. The results of the latest survey suggest continued economic growth for the region.
READ MOREEconomics Can Be Harder than the Hard Sciences
Why does it seem that economists can never agree on anything?
READ MOREKrugman Said It: Bitcoin Is Evil
Nobody should celebrate a system of money and finance in which government controls the on-ramps and off-ramps based on political loyalties. That’s proven to be a very dangerous system. What we need is a censor-proof technology that can make prosperity possible for ever larger swaths of humanity. That’s not “evil”; it’s gloriously good.
READ MOREThe Many Delusions of Socialism Revisited
Sombart’s leftism became rightism but it was made of the same substance always: a loathing of regular people in their free choices and a longing for history to follow his own imaginings of what should be rather than what is.
Such is the core of socialist ideology: a delusion rooted in snobbery and, above all else, intellectual pretense.
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