Yeah, Herr Karl got a lot of things wrong, but his prediction that economic collapses would prove endemic to capitalism has yet to fail. Six months ago, if someone had asked you how likely it was that a mysterious epidemic arising in a major country would give rise to fears of a major global economic…
Tag: stock market
Explaining the Trump “Boom”
Ross Douthat and Tyler Cowen have a question for Trump-loathers like me: If Trump is so bad, why is there no evidence that (as Tyler puts it) “America’s intellectual and media mandarins have been busy liquidating their long positions and buying puts over the past two months”? Okay, I guess I don’t really qualify as…