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Politics

Social contract theory was used to critique a form of the state, but was also used to legitimize the modern nation-state.

Politics

RMP is not QE, nor is it QT. It is an unprecedented, interventionist, unsound policy. The Fed is no longer backstopping the long end,...

Politics

Social contract theory was used to critique a form of the state, but was also used to legitimize the modern nation-state.

Politics

The standard line among most economists is that deflation is as bad or even worse than inflation. In reality, the economy needs deflation now...

Politics

The Shiller CAPE ratio has only been higher once in 150 years. The Buffett indicator is 2.5 standard deviations above trend. 40% of the...

Politics

With some simple logic and using Hobbes’s own presuppositions and arguments, we can internally critique Hobbes’s argument for the state, namely, that the state...

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