Categories
EU and UK

The Hollowing of Britain: A Cautionary Tale for the West

The announcement that British Steel will shutter its blast furnaces in Scunthorpe marks far more than the end of an industrial era—it signals the unraveling of a great civilization. What we are witnessing is not merely an economic casualty, but the culmination of decades of self-inflicted decline, driven by an

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Government

From Bureaucratic Quagmire to Trump 2.0: Slaying the Leviathan in Medicaid and Broadband

The federal government’s track record with grand initiatives offers a tale of two extremes—Medicaid’s swift and efficient rollout in the 1960s versus the bureaucratic gridlock of today’s rural broadband program. Medicaid transformed from legislation to reality in under five years. By contrast, the Build Back Better broadband push—three years old

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Healthcare

The Real Disease in American Health Care: Misaligned Incentives

Let’s be honest: while high prices, wait times, and red tape do create real burdens for millions of Americans, they are symptoms—not the root cause—of our health care system’s deeper failure. Those are symptoms. The underlying disease? A system of incentives so backwards, it pays for illness and penalizes wellness.

Categories
Macro Economics

Time for a US Sovereign Wealth Fund

It’s a new day for American economic policy – and the opportunity before us is historic. With the global economy evolving rapidly and national debt continuing to mount, the U.S. is finally exploring an idea that successful nations like Norway, Singapore, and the United Arab Emirates have embraced for years:

Categories
Macro Economics

  Yellen’s Disaster of Short-Term Debt: A Fiscal Crisis  Scott Bessent Must Undo

   Introduction

Janet Yellen’s tenure as U.S. Treasury Secretary, from January 26, 2021, to early 2025, will be remembered as a catastrophic failure of fiscal stewardship, marked by her reckless and shortsighted obsession with issuing short-term debt. Her strategy—born of either incompetence or willful neglect—has plunged the U.S. economy into a

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Macro Economics

Social Security Unshackled: Unleashing the S&P 500

Introduction

I owe David Friedberg a shout out. The guy’s a tech wizard—ex-Google hotshot, sold The Climate Corporation for a cool $930 million—and his riff on the All-In Podcast lit a fire under me. He tossed out a wild idea: shove half the Social Security Trust Fund into the S&P

Categories
Macro Economics

 The Ballooning Government Debt: A Consequence of Neo-Keynesian Overreach and the Neglect of Milton Friedman’s Monetary Theory

The United States and many advanced economies are grappling with unprecedented levels of government debt, a crisis exacerbated by decades of policy rooted in Neo-Keynesian thought. This paradigm, a synthesis of John Maynard Keynes’ demand-side economics with neoclassical principles, has fostered a belief that government spending is inherently beneficial, even