Law of Markets | Dedicated to the economics and politics of the free market
Description: The Martin Hutchinson Place - Home of The Bear's Lair and Martin's historical musings.
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The Martin Hutchinson Place
The coronation of King Charles III next Saturday is planned to be on a smaller scale than that of his mother Queen Elizabeth II in 1953. That is appropriate; Elizabeth’s coronation may have taken place in a relatively poor country still living under the effects of postwar rationing, but it was graced with an immensely glamorous young Queen and Winston Churchill as prime minister. This week’s ceremony will inevitably be lacking in both respects, even though “Squishy Rishi” Sunak has two more degrees than Sir
Bernard Arnault, Chairman and CEO of Louis Vuitton is currently the world’s richest man, worth around $239 billion; he is notable in coming neither from the United States nor from the tech sector. His wealth is a product of globalization, which has produced demand for Western fashion brands among a substantial fraction of 8 billion people. Globalization is just one of the forces artificially inflating the wealth of the richest at the expense of the rest of us; I will herein examine the history of extreme we
Law of Markets | Dedicated to the economics and politics of the free market