Key Insights on Economics

Russia would be a wealthy first world country with 100 million more people if communism never arose - economic growth was exponential under Tsars, arithmetic under Marxists

• "Modern monetary theory being the dominant economic school in most of the world for actual policy means the field of economics has failed on a very profound level" - Rudyard
• Quality of life for lower economic classes declined from Civil War to WWI, then improved dramatically after the Immigration Act of 1921 cut off immigration

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