The Pattern Where Populist Leaders Rise To Power And Take Advantage Of The Populace

There's a pattern that has repeated many times throughout history, which leads to countries suffering under terrible leadership. It's important to understand this pattern because it's likely to continue to repeat. Here are the steps of how this happens, as I see it, though not every one of these steps occurs in every single case: (1) Many people feel dissatisfied with the state of their society and its impact on their lives, and blame the groups that have long remained in power. (Sometime...
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When are tariffs beneficial?

What is the point of tariffs, in general? Lots of countries have them, to at least a small degree. It's rarer that countries use them to a large degree. Why? My understanding is that there are four main reasons tariffs get put in place: (1) Special interests that benefit from tariffs lobby for them at the expense of everyone else. This is obviously a bad reason to have tariffs. (2) Sometimes countries have an interest in building out capabilities in very specific industries as part of ...
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