We need better economics education. #teachecon

“If this feels like a contradiction, it’s because the concept of real GDP is often misunderstood.” 🙂

The unhappiness ... is partly about a defective overall balance between individual and community, resulting from a hypertrophied individualism. But it is also about the kinds of community that liberals have favoured as against those they have neglected (@fromtga.bsky.social).

Polish Foreign Minister Radosław Sikorski just schooled Czech Deputy Prime Minister Petr Macinka into accepting that the European Union operates as a democracy. Populists have nowhere to hide when met with hard facts. An extraordinary exchange. Well worth a watch.