NEWS + ANALYSIS
AXEL KAISER

NEWS + ANALYSIS

LONG LIVE THE REVOLUTION!

July 11, 2014 | by Axel Kaiser

Every revolution -- those delusional efforts to redesign the social and economic order in its entirety from the top down -- led to bloodshed, misery, and tyranny. In this, history shows almost no exceptions -- except, of course, for the American Revolution, whose 238th anniversary was celebrated this past 4th of July.

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IS INEQUALITY A PROBLEM?

April 21, 2014 | by Axel Kaiser

For many people, the mere fact of asking this question is unacceptable. Obviously, they think, inequality is a big problem. President Obama would probably say: inequality is our "great enemy". A statement of this sort, certainly in tune with the Zeitgeist, is not irrelevant. As John Stuart Mill once warned, the intellectual climate of opinion largely defines the institutional development of a country and can have disastrous consequences.

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