“Generosity” funded by debt or currency devaluation is the opposite of generosity: it is the ultimate taking.
Now that the air is thick with the burned-rubber stench of politics, let’s consider two tidbits of timeless political wisdom from Machiavelli. Though often-maligned as the dark Lord of amoral cunning, my re-reading of Machiavelli’s The Prince (completed in 1514, published after his death in 1532) reveals Mr. M. as a practical sort, not so much a promoter of devilish amorality as an obser...
Published on July 22, 2024 21:01