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The Covid-19 pandemic has caused worldwide economic devastation. In the EU and the United States, many early emergency measures sought to address the shortcomings and disorganization of health care systems. Other policy measures were textbook demand-management and liquidity-provision programs, not unlike those adopted during the 2008-2009 global financial crisis. While many economists called attention on the supply-side impact of a pandemic-driven economic crisis, policy measures implemented in 2020 mostly discarded this caveat. Assuming that the demand shock is much stronger than the supply ...
America’s Stalinist Universities In a recent article on LewRockwell.com entitled “Imposing the Steal: America’s Great Struggle Session,” Vasko Kohlmayer explained how a tool of twentieth-century totalitarians was “public humiliation and torment” of those with “wrong thinking.” The targeted individuals were compelled to confess their wrongdoing, apologize to society, and repent for the error of their thinking. The reason for this is that “To totalitarians truth is as the cross is to the devil.” Totalitarians “force their victims to give up that which is true and accep...
Allison Shertzer, Randall Walsh The legacy of Jim Crow continues to this day. Contemporary historians, such as Chernow (2017), have cast off the traditional depiction of the ‘carpetbagger era’ and have documented the official and unofficial repression of African Americans in the post-Civil War period. Economic research, such as Lisa Cook’s (2014) study of the dearth of patents for African American inventors, has shown how Blacks and whites have been harmed by the aftereffects of Jim Crow. Some in the popular literature have drawn a link between the incomplete task of Reconstruction and ...
Family Ties We’re still living with the punitive politics of family values. A broader, universal vision can break its vise grip. A "Save the Children" rally outside the Capitol building on August 22, 2020 in St Paul, Minnesota (Stephen Maturen/Getty Images) Given Donald Trumpâs multiple marriages, penchant for infidelity, and alleged sexual misconduct, many commentators saw his presidency as a departure from the Republican Partyâs investment in family-values politics. As longtime GOP consultant Stuart Stevens told last August, âHow does ...