[Di Chris Shaw. Originale pubblicato su Center for a Stateless Society il 18 febbraio 2017 con il titolo “Full Employment” Useful Idiots. Traduzione di Enrico Sanna.] L’economia moderna gira in tondo. L’aumento della produttività non riesce a stare dietro all’inflazione dei salari ed è stagnante, soprattutto in Gran Bretagna. La richiesta di lavoratori si concentra…

The modern economy is stuck in a major rut. Productivity gains have not matched wage inflation, and productivity itself is relatively stagnant, particularly in the UK. Job provision is being increasingly concentrated in low-pay sectors, with temporary work and part-time contracts creating a modern precariat of working class individuals, students and other members of a…

In invoking the need for stringent economic regulations, their proponents regularly bring up the case that without these regulations the dumb consumer would fall prey to food poisoning, faulty production and all other sorts of calamities and disasters. In effect, they are saying that the consumer is far too stupid to have the capacity to…

This is the second part of my two part series on Lynn Stuart Parramore’s recent article titled How Piketty’s Bombshell Book Blew Up Libertarian Fantasies. Let’s get started. She writes: By 1987, Ayn Rand acolyte Alan Greenspan had taken over as head of the Federal Reserve, and free market fever was unleashed upon America. Alan…