Tag Archives: economics

James Altucher on Self-Publishing

Read it here. The man is famous for one reason and one reason only: he shoots straight and out-thinks almost everyone. Ignore him at your own peril. 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 MicrophoneThe Definition of [...]
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Nicola Rossi’s “Generation of Locusts” Speech Now in English

Nicola Rossi, an Italian economist and politician who sounds like a fine fellow, is unfortunately difficult to learn anything about unless you know English. Thanks to John Hobbins, however, at least one Rossi speech is now online, and it’s a beauty. To read it, go here. Related Posts:Georgetown’s “College Payoff” Report is NonsenseHans Hermann Hoppe’s [...]
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Bitcoins are on the way back up.

I’ve written about bitcoins before, so I won’t retread all that ground. (My favorite article I’ve written is this one. The rest of the articles are available here.) Long story short — bitoins are a ground-breaking but fringe-movement attack on alternative to the dollar, because the dollar is has been standing on sinking sand since [...]
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Life in a World of Heuristic — A Response (#4) to John Fensel on Logical Fallacies

John and I have been publicly corresponding for five months on a wide variety of issues. Recently, he has waded into economics way over his head, asserting paradoxically that (1) it it the government’s duty to provide a highly regulated sort of currency called food stamps to avoid an imaginary crisis of malnutrition in the [...]
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Another Step Toward the Death of Fiat Currency

China’s banks are now using gold and silver as legal tender. Because the supplies of gold and silver are far much more stable than the supplies of any of the world’s major paper currencies, the logical trend from here on out is pretty much self-explanatory. Source here. Related Posts:Domestic Oil Production Doesn’t MatterBitcoins are on [...]
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The Interest Rate Absolute Kill Point is 15.3%

As US debt mounts, it can be difficult to keep up with all the data. How far can the debt of the United States rise before a default or hyperinflation must occur? It is impossible to say exactly, but there is at least a theoretical limit: the point at which the total amount of interest [...]
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Liberalism as Denial — A Response to John Fensel

I recently wrote a post entitled The Political Future of the US is Right-Wing, which I opened with the following (numbers in brackets not in original, “liberal” throughout refers to the term as generally used in the United States): It is a gross simplification, but I’ll say it. The difference between liberalism and conservatism (as [...]
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The Nationwide Arena Deal in Columbus Ohio

15% of the workforce in the United States is involuntarily out of work. The hardest hit are the poorest, least-skilled workers who work for $8 or $9 an hour day after day just to put food on the table, pay the gas bill, and keep the car running. The City of Columbus heavily taxes all [...]
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More Brouhahahaha over Voting

My recent suggestion that we stop doing the whole democracy thing we’re used to was, I am sorry to say, rejected by Rod of Alexandria, Christopher of Homebrewed Theology, and Joel Watts. You can go here to read their responses, or you can enjoy my highly edited summary of the reactions of Rod of A [...]
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Republican debate notes, pt. 1: slimy economics (and theology) with Cain & Romney

Herman Cain abuses Scripture I couldn’t believe it when I heard this in the Republican debate yesterday. Behold: Related Posts:come on, geithner!Domestic Oil Production Doesn’t MatterAnother Step Toward the Death of Fiat Currencysome thoughts on trends and the futureBernanke on gold prices: I don’t know why they’re at record highs.
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