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The rise of the state led to the rise of credentialism, however, credentialism neither guarantees competence nor quality.
Inflation is a government tool used to confiscate wealth from ordinary citizens and transfer it to government agents and others who are politically connection....
Bob revisits Böhm-Bawerk’s critique of the exploitation theory of interest to answer modern claims that billionaires like Elon Musk must have “stolen” their wealth...