Project LinX 10/01/2018 — Wheels Within Wheels

Today: Low productivity, trade war, no money control, Hume this!, YubiKey, Neoliberalism is dying, benefits torch wages, Mises!, curse you Western philosophy!, and a child abuse contrarian. Come get some.

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The DeX Files: The Great Buyback Boom

"To have believed that the Tax Cuts and Jobs Act of 2017 would deliver on the promises made by the President and every Republican Congressman or Senator who had a microphone shoved in his face was to believe that corporations would use their tax savings to invest in equipment and factories. That they would hire more workers. That as demand for goods and labor picked up wages would rise and the deficit would fall. To have believed what has been proven a fantasy was to reveal to your friends and neighbors that you had little grip on how late capitalism actually works."