Apr 4, 2023John H. Cochrane
predicts a period of stubborn inflation, explains why more regulation will not end financial crises, considers factors that may diminish faith in government-debt repayment, and more.
The Russian opposition leader faced a dilemma that all dissenters in authoritarian states must grapple with: live in exile and fade into obscurity, or confront an oppressive regime and risk imprisonment and torture. Navalny’s choice – and the price he paid for making it – will inspire dissidents for generations to come.
highlights the crucial role of political martyrs in inspiring resistance to oppressive regimes.