Category Archives: economics
we all admit the existence of exploiters
I’m in the awkward position of being a pretty radical libertarian. Given the opportunity, I would whittle down government interference in the economy down to zero. And by government interference in the economy, I mean any attempt to redistribute income by force from the rich to the poor, or from the poor to the rich. [...]
Posted in economics Tagged healthcare, libertarianism, marxism, ponzi scheme, poverty, social security, the left wing, the right wing, walmart, war on drugs, zoning laws 2 Comments
no the pope’s not dead
Although for a moment I wondered when I saw the new Mises.org article on “The Economics of Papal Death.” Related Posts:Georgetown’s “College Payoff” Report is NonsenseHans Hermann Hoppe’s “Democracy: The God That Failed” — A ReviewTime Preference, A PrimerThe Debt Situation is Like a MicrophoneHow Life in a Debt Crisis Works
a confession and a new word
First, a confession. I’m reading The Communist Manifesto. If I burst into flame or start compulsively cursing the hateful bourgeois class, you’ll know why. Secondly, a new word. obshchina: n. (from the Russian obshchiy, meaning “common”) a peasant village in Russia, characterized by a form of communal land ownership. Now the question is: can the [...]
ron paul on the fed, fiat currency
Congressman Ron Paul thinks there just might be no gold in Fort Knox. He wants to force an audit of the place. Because I’ve never had the opportunity to examine the alleged gold stock at Fort Knox for existence and existence in the quantity claimed, I’ll not weigh in one way or another. The article [...]
Posted in economics Tagged federal reserve, fiat currency, fort knox, gold standard, hard currency, politics, ron paul Leave a comment
did ip law’s absence encourage german innovation?
For an argument that it did, see this article by Frank Thadeusz. Related Posts:Sermon Text: Romans 3:21-31Alexander Campbell on Matthew 5 – A CritiqueKenneth Gentry’s “He Shall Have Dominion” — A ReviewThe Epistemology of Antinomianism and the Sad Case of Gary ArnoldBestiality and Tithing, Part 3
Posted in economics Tagged frank thadeusz, germany, innovation, intellectual property, law Leave a comment
yes, commenting can be productive
Such as when, for example, commenters shut down Paul Krugman and exposed him for the intellectual fraud he is. Related Posts:No Related Posts
The faces of interventionism: Paul Krugman and the ban on eggs by the dozen
[UPDATE below] Despite the fact that Obama has run up the greatest deficits in US history, running us into severe debt at about 1.4 trillion of debt per year and 2.9 trillion in new social security obligations per year, the senseless Nobel prize winner has decided that we’re headed into our country’s third depression because [...]
supply, demand, hugo chavez, 160 000 000 pounds of rotting food
Though I’ve not been there in a decade and a half, I love Venezuela, where I lived the first five years of my life. And so second to the US, it is the nation whose politics most inspires my interest. Lately, under the direction of Hugo Chavez, the nation has been embracing a dangerously interventionist [...]
where stock market money goes
As stocks dive, some people think money is flowing out of stocks and into other stuff. NPR, for example views the situation this way. Not so, says Bob Murphy. Related Posts:Gary North’s “Government by Emergency” — A ReviewWelcome to Treasury Roulette.economics is filled with high school dramaa delightful new entry for the old blogrollat last: [...]
western banking comes to afghanistan