. Enlightenment is man’s emergence from his self-imposed nonage. Nonage is the inability to use one’s own understanding without another’s guidance. This nonage is self-imposed if its cause lies not in lack of understanding but in indecision and lack of courage to use one’s own mind without another’s guidance. Sapere aude! “Have the courage to use […]
Politics & Society
I ett av kapitlen diskuterar Waldenström också om en alldeles för stor förmögenhetskoncentration kan utgöra ett hot mot demokratin. Många — som sett vad exempelvis Elon Musk uträttat på sistone — skulle nog vilja hävda att hotet är påtagligt. Så icke Waldenström, som mer eller mindre viftar bort problemet och i stället hävdar att det […]
. Trump’s tariffs are thought to protect U.S. industries and workers, but they mostly backfire by raising costs, inviting retaliation, and failing to boost jobs or reduce trade gaps. Tariffs act like a tax on the economy, and although tariffs may protect some industries, there are usually high general costs in terms of accelerating inflation […]
. Trump’s tariff policy is a 21st-century version of mercantilism — prioritizing national economic control, protectionism, and trade deficits as a measure of economic success. As early as 1752, in his essay Of the Balance of Trade, David Hume debunked the intellectual foundations of mercantilism by demonstrating that trade is not a zero-sum game and that wealth […]
. At the heart of the Dunning-Kruger effect is the recognition that overconfidence in ignorance makes people with low ability or knowledge believe they are more capable than they are …
Sällan eller aldrig har man anledning vara nöjd med ekonomijournalistiken i press, radio och television. Ytterst få ekonomijournalister och börsanalytiker tar sitt jobb på allvar och bedriver ekonomisk journalistik värd namnet. De flesta av oss har därför sedan länge gett upp. Synd bara att allmänheten ska behöva nöja sig med det tyckmyckentrutade nonsens som helt […]