We either live in a country governed by the rule of law, or we don’t. Yes, I’m an economist. But more than that, I want to live in a society where the rule of law prevails. That conviction doesn't depend on asset market reactions.
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As @pkrugman.bsky.social wrote recently...
aug 26, 2025, 2:09 am • 89 7 • view
The long arc of American history shows that it depends on where you live and your skin colour. If anything we are seeing the nationalisation of something that was once confined to some localities
aug 26, 2025, 12:48 pm • 0 0 • view
There are a whole lot of assumptions taught on the first day in economics 101 currently being questioned right now, and that is disturbing.
aug 26, 2025, 1:39 am • 3 0 • view
I agree with you on how essential the rule of law is (for general prosperity and even our most basic human rights), but it’s been clear to lawyers that the rule of law has been eviscerated for months now.
aug 26, 2025, 1:51 am • 4 0 • view
The rule of law has been gone for months
aug 26, 2025, 5:19 am • 4 0 • view
what if the law is shit and made by idiots?
aug 26, 2025, 11:13 am • 0 0 • view