Madsen Pirie Madsen Pirie

Why fixed terms beat indefinite ones

Rulers for life, also known as lifelong or indefinite rulers, are usually worse than fixed-term rulers for reasons rooted in political theory, history, and human behavior.

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Madsen Pirie Madsen Pirie

Absolute Poverty

There is a strong case for suggesting that we should be more concerned about real poverty than about inequality.

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Madsen Pirie Madsen Pirie

Baby bonds

Given renewed interest in the idea from across the water, it could be time to revisit this and see if a modern version might have traction.

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Tim Worstall Tim Worstall

Anyone else preparing their little list?

It’s not true that all and everything done by past governments is or has been wrong. Sadly, government can’t even gain a perfect record in that, being wholly and totally wrong always.

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