Why Media Coverage of COVID-19 Has Been So Bad
Media outlets, both left and right, are mostly narrative driven. Also, journalists have a tendency to lazily reprint whatever "experts" say. This makes media reporting thoroughly unreliable.
Media outlets, both left and right, are mostly narrative driven. Also, journalists have a tendency to lazily reprint whatever "experts" say. This makes media reporting thoroughly unreliable.
Noneconomists struggle to realize that scarcity results in the necessity of tradeoffs. During the COVID-19 pandemic, this difference in thinking causes them to wrongly accuse economists of "prioritizing money over lives."
With both major political parties seemingly uninterested in the long-term fiscal stability of the United States, the only near-term solution for the spendthrift class in Washington, DC, is to either raise taxes or spend recklessly.
Mayor Bloomberg is an antipopulist, and is thus, unlike Trump, a very polite and subtle authoritarian with alarming indifference to civil liberties and legal limits on his own power.
To effectively counter this brand of American socialism, it is important to properly identify the problem, and to attack with precision.
The term "socialism" properly refers to government ownership of industry and service providers. In this respect, Bernie Sanders has a long record of proving he's a true socialist.
George Stiglitz professes great concern for the poor, while arguing that most people require control by enlightened experts such as himself.
Randall Holcombe's has written an impressive new book on political capitalism (or "crony capitalism") and contributes a discussion on political and economic elites.
Mises University is the world’s leading instructional program in the Austrian school of economics.
Mises University is the world’s leading instructional program in the Austrian school of economics.