Tag: kela
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The problem Every society has work that must be done and cannot be sold. The barn after the fire. The drainage ditch before the spring. The canal dug by hand because there is no capital to dig it any other way. The widow’s roof. The market will not supply this labour, because the market prices…
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Start with a framing problem Most family policy debates are conducted in the language of help. We talk about supporting single mothers, assisting families, relieving hardship, protecting the vulnerable. The vocabulary is charitable, and charity is the wrong frame. A single mother raising two children is not a recipient of the state’s generosity. She is…
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Quantitative easing failed because it never reached the people who would spend the money. There is a fix, and it is sitting in the European Central Bank’s own architecture. For fifteen years, the ECB created money and pushed it into the banking system. The theory was that banks would lend it into the real economy,…
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The Arithmetic of National Decline Every nation runs on a demographic ledger. Births minus deaths equals natural change. Immigration minus emigration equals net migration. Add them together and you get population growth or decline. The arithmetic is simple. The politics are not. For decades, the conventional wisdom in low-fertility countries has been that immigration can…