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NOTHING IS PERMANENT EXCEPT CHANGE

The only sustainable debt burden is one that can be managed even during cyclical downturns. Yet governments continue to repeat the same mistakes, treating debt as a boon for long-term growth, rather than what it is: a source of massive long-term risks.

OTHER NEWS

Recent measures by governments across ex-communist Europe have created an increasingly oppressive intellectual climate. And the de-democratization of higher education and of science in general are just the first step toward putting experts in the service of broader anti-democratic goals.

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Why socialism always fails

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