Economics

Many people were outraged by what they regarded as his non-parliamentary use of medieval laws to raise money. The most notorious was ship money. This turned an old law, where coastal counties provided ships to the Crown, into a money tax levied on all the counties, including those inland.

Economists are the ultimate permissive parents who believe in just letting the kids (markets) run free and see what happens.

Children need boundaries, or they grow up to be assholes.

Economies need boundaries, or they grow up to be assholes.

We aren’t talking Soviet Style planned economies here. We are talking guardrails, so we don’t take a corner at

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