Milton Friedman

Some Very Smart, Shrewd Geniuses Agree, Trump is "a very stable genius”

Donald Trump has never been accused of over-modesty. His recent Tweet that he’s a “very stable genius,” however, seems over-the-top — batshit crazy, even for him.

Strangely, and for once, he’s actually right. Some very smart, shrewd people — Nobel Prize-winners, certified geniuses — agree with him. Read on, and here’s why they may be right.

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The sun STILL never sets on the British Empire

Cross-posted from Real Economics.

“If you know the enemy and know yourself, you need not fear the result of a hundred battles. If you know yourself but not the enemy, for every victory gained you will also suffer a defeat. If you know neither the enemy nor yourself, you will succumb in every battle.”
― Sun Tzu, The Art of War

Anti-Capitalist Meetup: Thoughts on the Universal Basic Income

One of the hottest discussions we are seeing is the one surrounding the universal basic income (UBI) or citizens’ income (CI); in Britain it has been advocated by the Trade Union Unite (it was adopted at the last convention), it has been incorporated into the Green Party of England and Wales’s manifesto for a sustainable economy, the Labour Par