Few words in economics carry as much emotional weight as inflation. Say it at a dinner party and watch the mood shift. People clutch their wallets instinctively, as if the very syllable could drain their bank accounts. Politicians campaign against it. Central bankers lose sleep over it. Cable news treats every uptick in the Consumer […]
Inflation Is Not the Villain: A Keynesian Defense of Rising Prices Read More »
There is something deeply satisfying about owning less. Ask anyone who has cleared out a closet and felt that rush of liberation, that sense of moral superiority over the clutter. The minimalist movement has turned this feeling into a philosophy, a lifestyle brand, and ironically, a very profitable publishing niche. Declutter your home. Simplify your
Keynes vs. The Minimalists: Why Consumption is a Moral Duty Read More »
John Maynard Keynes thought you were bad with money. Not you specifically. Everyone. The whole public. He believed that ordinary people, left to their own devices, would make financial decisions so poor that entire economies would collapse. And the frustrating part is that he was mostly right. This is the story of one of the
Keynes the Elitist: Why He Didn’t Trust the Public to Manage Their Own Money Read More »
In 1930, the economist John Maynard Keynes made a bold prediction. By now, he said, we’d all be working about 15 hours a week. Three hour workdays. A perpetual long weekend. Technology would make us so productive that we’d meet all our needs in a fraction of the time, leaving us to wrestle with the
The ‘Bullshit Job’ Economy: Why Keynes Predicted We’d Invent Fake Work Read More »