Most people think that macroeconomics is a legitimate subject because its experts are employed by prestigious organizations like central banks, World Bank, International Monetary Fund, treasury departments, investment funds, and universities. They don’t know that macroeconomics is colonialism by another name. In this post, I will describe what macroeconomics is, and how it is used …
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Cyclic Causality
Why the West Rules the World—For Now
I recently came across a book with the same title as this post, by a British historian Ian Morris, that tells an obscurantist history of the West, attributing its successes to geography. There have been similar books (e.g., Collapse by Jared Diamond) that attribute the rise and fall of empires to climate changes, and the …