"Green" parties gained too, and unfortunately, the big winners share an important similarity: they all advocate for more government interventionism in one way or another.
The thesis that “deficits don’t matter” does not begin with the English economist John Maynard Keynes, but with the much-less-known Polish economist Michal Kalecki.
By making government prosecutors nearly invulnerable to legal accountability, the courts have unleashed a situation which F.A. Hayek described as one in which “the worst get on top.”
Deflation is not a matter of animal spirits or consumer expectations. It is the result of earlier creation of money "out of thin air" by central banks and commerical banks. Deflation is the natural result.
Just as people shouldn’t be forced to send their children to church, they shouldn’t be forced to send their children to a state-approved organization for secular education and training.
