Yep, we are in a sustained global economic and technological boom that's been going on for decades. If it bleeds it leads is true of almost all news media, it's up to you to find good sources of information. The business news is actually a great source to prioritize as making accurate bets about the world is the most important thing to its readership.
Puerto Rico, a territory that has nationalized every major aspect of its economy and was running massive deficits as part of vote-buying schemes, as an exemplar for 'disaster capitalism' is the most ridiculous thing I have ever seen.
It's up there with Venezuela and Nicaragua as a self-inflicted victim of the South/Central American 'pink wave' that has caused so much economic devastation in the last decade.
The International Energy Association does forecasts of global demand, which are as good as anything. They see oil demand peaking at around 100 MMb/day at 2030 last I checked (we are at around 90 now).
We are in a historical paradise for consumers of selection and low prices, I think we are doing alright. If Amazon doesn't deliver (pun intended) we will go somewhere else. There is no shortage of competition in the retail space.
Yes, this was a ridiculous article. In addition, the FDA actually has fast-track approval for drugs in areas with no good treatment and any drug showing exceptional efficacy will make it through the approval process very quickly.
Keep in mind Reason is a libertarian site and approaches every topic with the goal of portraying the modern government always as a roadblock with never any benefit. Every article will be totally one-sided to not mention positive aspects of any government program or agency.
edit: They actually did quickly mention FDA fast-track:
>There have been some moves in the right direction. Between 1992 and 2002, the FDA launched three special programs to allow for faster approval of drugs for certain serious diseases, including cancer. And current FDA Commissioner Scott Gottlieb shows at least some appetite for further reform.
I hear Reason used to be good. My experience with it over the last three years or so is that it's mostly garbage. It's become a lot of narrative confirmation but with little quality reasoning (drink!) or evidence. I don't go there anymore if I can help it.
This law could be terrible, but if that's true, it should be provable without pretending to have data (the safety ratings are the same after non-safety legislation was passed!).
Then there was that one time they published an anti-first amendment screed on the website.
