With eight million Britons living in housing that is overcrowded, unaffordable or otherwise unsuitable, more and more adults lodging with their parents, and as increasing numbers finding themselves homeless, it seems the housing crisis has in recent years…
If Teen Vogue is a good indicator of the state of popular discourse (and of course it is), Marx is back. As the liberal capitalist order is facing its biggest crisis since 1945, people are returning to its most famous critic. This is deeply unfortunate.
Is there an overwhelming argument for or against protectionism, or is the reality of the situation a lot more ambiguous?
This society takes the view that traditional tariff protection, overall, is bad for societal welfare; but given the growing prevalence of non-tariff measures, the welfare effects of neo-protectionism are a lot more ambiguous.