The welfare state is the underlying social contract that has kept Western European nation-states together since World War II. If it ends, as some politicians warn, what would replace it?
Friday, September 12, 2025
Milton Friedman: From Modern Monetary Theory to Monetarism
How Milton Friedman was an advocate of functional finance, the precursor to Monetary Monetary Theory before he wasn’t.
Major New Paper in Nature: Climate Change Increase; Intensity and Frequency of Heatwaves; 1/4 “Virtually Impossible” Otherwise; “Carbon Majors” Accounted for Half of Intensity Increase
A new paper in Nature analyzes extreme heatwaves, and not only identifies the human role but even particular perps.
Today’s Political Nihilism: NYC Mayor’s Race as a Case Study
How top Democrats’ posture towards NYC mayoral race leader Zohran Mamdani exemplifies the party’s nihilism.
Michael Hudson: Trump’s Economic War Against Europe, Korea and Japan
On the impact of Trump overplaying his hand with trade partners who aren’t all that dependent on the US.
Coffee Break: Silicon Valley Ideologies as a Lens for Viewing Current Events
Silicon Valley ideologies like transhumanism, effective altruism, and neoreaction drive the actions of billionaires like Peter Thiel, Elon Musk, and Mark Zuckerberg.
MAHA Report Draws Fire as Critics Say Corporate Pressure Trumps Public Health
More proof that the Adminisration MAHA plans are all hat, no cattle, save for RFK, Jr. collecting licensing fees on the phrase.
Liberalism as a Way of Life in the Twenty-first Century?
We have previously discussed what the Ancients can teach us. As it turns out, they can teach us much. But things get more dire by the day. Anyone and everyone can make a list of our pathologies. A week of reading the news shows us that as a polity, society, and culture we are in […]
Poland to Invoke NATO Article 4 Over Russian Drones in Its Airspace
Poland is going to NATO after 19 Russian drones entered its airspace, apparently from Belarus. What next?
Trump Followers Promote Authoritarian, Hostile-to-Downtrodden Version of Christianity
How Christianity is being manipulated by Trump allies to demonize the poors and support aggressive law enforcement
Coffee Break: Armed Madhouse – The Dragon’s Teeth
Military analysts expected China to showcase advanced weapons at its latest Beijing parade, and the display did not disappoint. From hypersonic missiles and stealth aircraft to universal VLS cells and drone swarms, the event highlighted qualitative leaps in Chinese military power. The parade revealed not just new systems, but a doctrine of deterrence by denial that directly challenges U.S. strategic assumptions.
Giorgio Armani: Farewell to the Visionary Designer/Businessman Who Lifted Italy into Fashion Leadership
Armani played a key role in fashion, not just via designs, but also his business acumen that helped elevate Italy to the industry’s top tier
