Phelps has given us a clear warning of the dangers of corporatism. I hope that more people hear and heed the warning.
Arnold KlingI have come to believe that politicians are in the business of 'marketing' their product to the public, by exaggerating threats and over-selling government solutions.
Arnold KlingI think that the main issue with inequality is not the gap between the rich and the poor. It is the gap between the earnings of top business leaders and the salaries of academics and journalists.
Arnold KlingThat eugenics was part of the progressive agenda is one of the most heavily-airbrushed features of history.
Arnold Kling