What Would Ronald Reagan Do?
Bill Brown, a visiting professor of the practice of law at Duke University, says the Economic Recovery Tax Act of 1981 is the best model for getting America out of it's economic mess. According to Duke, Brown thinks it "offers a blueprint for fiscal stimulus that would be far more effective than the stimulus package currently before Congress."
Brown reflects on a similar time, when America was "plagued by slow economic growth, high interest rates and high inflation." ERTA, he says, not only reduced tax rates, but established a powerful set of incentives to promote investment in income-producing 'capital assets' — plant, property, and equipment—but it also "resuscitated the Kennedy-era investment tax credit, which gave business partial reimbursement for the purchase of every new income-producing asset they acquired. And it added to this subsidy by allowing all those assets to be depreciated extremely rapidly under the new Accelerated Cost Recovery System."
The effect was almost immediate, says Brown.
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Is it "perverseness," the "death drive," or something else?
A growing body of research shows promising signs that the keto diet might be able to improve mental health.
- The keto diet is known to be an effective tool for weight loss, however its effects on mental health remain largely unclear.
- Recent studies suggests that the keto diet might be an effective tool for treating depression, and clearing up so-called "brain fog," though scientists caution more research is necessary before it can be recommended as a treatment.
- Any experiments with the keto diet are best done in conjunction with a doctor, considering some people face problems when transitioning to the low-carb diet.
It's up to us humans to re-humanize our world. An economy that prioritizes growth and profits over humanity has led to digital platforms that "strip the topsoil" of human behavior, whole industries, and the planet, giving less and less back. And only we can save us.
- It's an all-hands-on-deck moment in the arc of civilization.
- Everyone has a choice: Do you want to try to earn enough money to insulate yourself from the world you're creating— or do you want to make the world a place you don't have to insulate yourself from?
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