Category Archives: Free markets and their discontents

How Much Will Trump’s Bark Exceed His Bite? Doubts About Whether Disruptive Federal Hiring and Spending Pauses Will Produce Lasting Changes

Trump is adept at using his willingness to be wildly inconsistent to destabilize opponents. But he is unduly fond of using blunt instruments like tariffs that he can impose unilaterally, with insufficient consideration of whether they will work all that well, let alone what bad unintended effects they might generate. What Trump has done so […]

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The Next Unwind of Social Guarantees: Home and Medical Insurance

A Wall Street Journal column suggests that elite conventional wisdom favors more gutting of medical and home insurance as unduly “socialized”

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Actuaries and Scientists Warn Climate Shocks Risk ‘Planetary Insolvency’ as Power Struggles About How to Rebuild LA Begin

A new report shows a 50% GDP fall from 2070 to 2090 due to climate change. Los Angeles gives a taste of coming struggles about what to do.

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