If you find a stranger in your house, there are two questions you might ask. One is “How did you get here?” And the other is “What are you doing here?” However the intruder answers the first question – suppose… Read More ›
tariffs
TRADE, TAXES, AND TARIFFS
Here’s another from the Words-No-Longer-Mean-What-They-Did file. In talking about free trade, what’s the contrast class? It can’t be compelled trade, since that would just be a synonym for expropriation. And yet by free trade we don’t just mean trade that… Read More ›
THE DETRITUS OF LAST NIGHT
Banality of the day: By definition, governments produce winners and losers. In democratic polities, like America, elections produce governments. So yes, elections produce winners and losers. In this one, notwithstanding I’m not an American. I’m a loser. Last night I… Read More ›