Category Archives: Economic Theory

Democracy no more

(PolicyMic) A new scientific study from Princeton researchers Martin Gilens and Benjamin I. Page has finally put some science behind the recently popular argument that the United States isn’t a democracy any more. And they’ve found that in fact, America … Continue reading

Bureaucracy, Closed System, Competition, Complexity, Current Events, Economic Theory, Frontier Thesis, Game Theory, Inflation, Interdependency, Keynesianism, Legal Theory, Marxism, Motivation, Political Theory, Taxes, Tyranny, Wealth, Welfare Statism, Zero-sum | Leave a comment

Not a 1% problem; not a 99% problem; it’s an American problem

Chicago black grassroots activists respond to SOTU. And it’s not favorable.

Bureaucracy, Capitalism, Closed System, Culture Divide, Current Events, Economic Policy, Economic Theory, Education, Free Market, Inflation, Interdependency, Keynesianism, Legal Theory, Localism, Marxism, Motivation, Perpetuity, Political Theory, Poverty, Sociology, Solutions, Systems Theory, Taxes, Tea Party, Wealth, Welfare Statism | Leave a comment

George Will, increasingly intelligent

“I’ve lived in Washington now for 44 years, and that’s a lot of folly to witness up close,” says Washington Post columnist George Will. “Whatever confidence and optimism I felt towards the central government when I got here on January … Continue reading

Austrian School, Autarchy, Budget Deficit, Bureaucracy, Capitalism, Closed System, Competition, Complexity, Consumerism, Culture Divide, Current Events, Debt Ceiling, Economic Policy, Economic Theory, Federal Budget, Free Market, Frontier Thesis, Health Care, Influences, Inspiration, Interdependency, Keynesianism, Legal Theory, Marxism, Perpetuity, Political Theory, Polycentrism, Poverty, Self-Government, Self-Reliance, Self-Rule, Self-Sufficiency, Solutions, Systems Theory, Taxes, Tea Party, Technology, Trade, Tyranny, Wealth, Welfare Statism, Zero-sum | Leave a comment

When the government fails to do its job…

(Fox News Baltimore) As the number of street crimes committed in Baltimore City escalates, so does the level of fear. This has caused communities to look beyond the police for protection. In Baltimore City there are four special tax districts … Continue reading

Austrian School, Autarchy, Bureaucracy, Competition, Current Events, Economic Theory, Free Market, Frontier Thesis, Indiana School, Inspiration, Interdependency, Political Theory, Polycentrism, Self-Government, Self-Rule, Solutions, Systems Theory, Welfare Statism | Leave a comment

The growing incentive to give up U.S. citizenship

(Bloomberg) Americans renouncing U.S. citizenship surged sixfold in the second quarter from a year earlier as the government prepares to introduce tougher asset-disclosure rules. Expatriates giving up their nationality at U.S. embassies climbed to 1,131 in the three months through … Continue reading

Austrian School, Autarchy, Closed System, Competition, Currency, Current Events, Economic Policy, Economic Theory, Free Market, Frontier Thesis, Interdependency, Keynesianism, Legal Theory, Marxism, Motivation, Perpetuity, Political Theory, Public Choice Theory, Systems Theory, Taxes, Tyranny, Welfare Statism, Zero-sum | Leave a comment

To a government that has forgotten its place

(The Objective Standard) On June 4, Becky Gerritson, a founder of the Wetumpka Tea Party in Alabama, testified before congress about the IRS’s abusive practices toward Tea Party groups. Her poignant words deserve repeating. Gerritson began by explaining what motivated her to … Continue reading

Autarchy, Bureaucracy, Closed System, Competition, Current Events, Debt Ceiling, Economic Policy, Economic Theory, Federal Budget, Free Land, Free Market, Frontier Thesis, Inspiration, Interdependency, Keynesianism, Legal Theory, Marxism, Motivation, National Debt, Perpetuity, Political Theory, Polycentrism, Public Choice Theory, Self-Government, Self-Rule, Solutions, Systems Theory, Tea Party, Tyranny, Wealth, Welfare Statism, Zero-sum | Leave a comment

Murray Rothbard on the founding of the Federal Reserve 100 years ago

A speech by Murray N. Rothbard. Presented at the Mises Institute’s 1984 “Seminar on Money and Government,” in Houston, Texas.

Austrian School, Autarchy, Bureaucracy, Closed System, Competition, Consumerism, Currency, Current Events, Debt Ceiling, Economic Policy, Economic Theory, Federal Budget, Free Market, Inflation, Interdependency, Keynesianism, Legal Theory, Marxism, Motivation, National Debt, Perpetuity, Political Theory, Public Choice Theory, Systems Theory, Taxes, Tyranny, Wealth, Welfare Statism, Zero-sum | Leave a comment

Bazos’ Blue Origin makes new frontier believable

One of the solutions explained in Juggernaut is to create new frontiers, and the most sensible place for a new frontier is space–the final frontier as it might be known. Of course, building a space ship and having the government … Continue reading

Autarchy, Closed System, Competition, Current Events, Economic Theory, Free Land, Free Market, Frontier Thesis, Inspiration, Interdependency, Political Theory, Self-Government, Self-Rule, Solutions, Systems Theory, Technology, Wealth | Leave a comment

Stock market near all time high…so is money supply

(Freakonomics) U.S. stock markets* are flirting with all-time highs (it may happen today) but I am hearing and reading very little about it. Why is that? I can think of a few possible reasons, and am eager to hear yours. … Continue reading

2007-08 Crisis, Austrian School, Budget Deficit, Bureaucracy, Capitalism, Competition, Complexity, Currency, Current Events, Economic Policy, Economic Theory, Free Market, Frontier Thesis, Game Theory, Inflation, Interdependency, Motivation, National Debt, Taxes, Wealth, Welfare Statism, Zero-sum | Leave a comment

A Republican criticism of Libertarianism

Watch the latest video at video.foxbusiness.com Author Ann Coulter discusses what the GOP stands for on Stossel. She has some valid points, including “Get rid of the Welfare State, and then we can talk.”

Autarchy, Capitalism, Closed System, Competition, Culture Divide, Current Events, Economic Theory, Free Market, Interdependency, Keynesianism, Legal Theory, Motivation, Perpetuity, Political Theory, Polycentrism, Public Choice Theory, Self-Government, Self-Rule, Welfare Statism | Leave a comment

An argument against political correctness and fiscal irresponsibility

(Illinois Review) At Thursday morning’s National Prayer Breakfast, Dr. Benjamin Carson, a celebrated pediatric neurosurgeon at Johns Hopkins Hospital, gave a 25-minute long keynote address that directly refuted the key tenets of President Barack Obama’s liberal agenda – with Obama … Continue reading

2007-08 Crisis, Bureaucracy, Capitalism, Closed System, Competition, Culture Divide, Currency, Economic Policy, Economic Theory, Education, Free Market, Inspiration, Interdependency, Keynesianism, Legal Theory, Motivation, National Debt, Perpetuity, Political Theory, Poverty, Public Choice Theory, Self-Government, Self-Reliance, Self-Rule, Self-Sufficiency, Solutions, Taxes, Trade, Wealth, Welfare Statism | Leave a comment

Land, the new gold

(CNBC) Two billionaire brothers from Texas recently bought 177,000 acres of ranch land in Montana, bringing their total land holdings in the state to more than 276,000. The brothers, Farris and Dan Wilks, who made their money from selling Frac Tech … Continue reading

Autarchy, Capitalism, Closed System, Competition, Current Events, Ecology, Economic Theory, Free Land, Frontier Thesis, Inspiration, Polycentrism, Self-Government, Self-Reliance, Self-Rule, Self-Sufficiency, Systems Theory, Zero-sum | Leave a comment

A critique of Bitcoins

Episode 10 – Bit Coins the Currency of the Dark Net from Minute MBA by OnlineMBA.com on Vimeo. The idea that BitCoins are dangerous because they are used for illicit transactions is a fair concern, but can one really assume … Continue reading

Autarchy, Bureaucracy, Capitalism, Closed System, Competition, Currency, Current Events, Economic Policy, Economic Theory, Free Market, Interdependency, Keynesianism, Legal Theory, Marxism, National Debt, Political Theory, Polycentrism, Self-Government, Self-Reliance, Self-Rule, Self-Sufficiency, Systems Theory, Technology, Trade, Wealth, Welfare Statism | Leave a comment

What if money didn’t matter?

How do you like to spend your life? What do you desire? what if money didn’t matter? What if money was no object? Alan Watts explores the possibilities. Put frankly as it is, it makes no sense that folks should … Continue reading

Behavioral Economics, Bureaucracy, Closed System, Competition, Complexity, Currency, Economic Theory, Free Market, Game Theory, Inspiration, Interdependency, Perpetuity, Psychology, Rational Choice Theory, Self-Government, Self-Reliance, Self-Rule, Self-Sufficiency, Sociology, Solutions, Specialism, Trade, Wealth, Zero-sum | Leave a comment

When in the Course of human events…

In the wake of the latest election, several states have petitioned the White House to peacefully secede from the United States. Sometimes, that is all that seems to be left in a system that is overgrown and overbearing. The US … Continue reading

2007-08 Crisis, Autarchy, Budget Deficit, Bureaucracy, Capitalism, Closed System, Competition, Complexity, Culture Divide, Currency, Current Events, Debt Ceiling, Economic Policy, Economic Theory, Federal Budget, Free Land, Free Market, Frontier Thesis, Inflation, Inspiration, Interdependency, Keynesianism, Legal Theory, Marxism, Motivation, National Debt, Perpetuity, Political Theory, Polycentrism, Rational Choice Theory, Self-Government, Self-Reliance, Self-Rule, Self-Sufficiency, Sociology, Solutions, Systems Theory, Taxes, Trade, Wealth, Welfare Statism, Zero-sum | Leave a comment

Reflections on the election

In response to the election, many on the political Right have expressed dismay on the fate of liberty and the chances for a return to Constitution-based governance. Hopes for real autarchy have all but disappeared. It is clear that, in … Continue reading

Autarchy, Bureaucracy, Capitalism, Closed System, Competition, Culture Divide, Current Events, Economic Policy, Economic Theory, Education, Free Market, Frontier Thesis, Health Care, Inflation, Interdependency, Keynesianism, Legal Theory, Marxism, Motivation, National Debt, Perpetuity, Political Theory, Psychology, Public Choice Theory, Rational Choice Theory, Self-Government, Self-Reliance, Self-Rule, Self-Sufficiency, Sociology, Solutions, Systems Theory, Taxes, Welfare Statism | 1 Comment

What to do in a divided nation?

From the Introduction of the book: During the run-up to the mid-term election in 2010, as it became apparent that scores of Democrats would be replaced by a troop of Republican ‘Tea Party’ candidates, a bystander was almost guaranteed to … Continue reading

Autarchy, Bureaucracy, Capitalism, Closed System, Competition, Complexity, Current Events, Economic Theory, Free Land, Free Market, Frontier Thesis, Game Theory, Interdependency, Keynesianism, Marxism, Perpetuity, Political Theory, Polycentrism, Self-Government, Self-Reliance, Self-Rule, Self-Sufficiency, Sociology, Welfare Statism, Zero-sum | Leave a comment

The rhyme of unreason

From my forthcoming book on Behavioral Economics: You may not realize it, but you are irrational. At least, that is what researchers in a growing new science are saying. That science is Behavioral Economics, and it is changing the way … Continue reading

Behavioral Economics, Economic Theory, Psychology, Rational Choice Theory, Sociology | 11 Comments

Fixing the system by working within it

Debate This! is a co-production of Rebellious Truths and The Comeback America Initiative (http://www.keepingamericagreat.org), featuring footage from The Can Kicks Back (http://www.thecankicksback.org). In this video, the youth of America speak frankly to their concerns about the debt crisis and our … Continue reading

2007-08 Crisis, Autarchy, Bureaucracy, Capitalism, Closed System, Competition, Complexity, Culture Divide, Currency, Current Events, Debt Ceiling, Economic Policy, Economic Theory, Federal Budget, Free Market, Inflation, Interdependency, Keynesianism, Legal Theory, Marxism, Motivation, National Debt, Perpetuity, Political Theory, Public Choice Theory, Solutions, Systems Theory, Taxes, Trade, Wealth, Welfare Statism | Leave a comment

The changing middle

(Cafe Hayek) This fascinating collection of charts from the Tax Foundation includes these two charts that show how much demographics have changed and how difficult it is to draw conclusions over time: The median “taxpayer”, the unit that is in the … Continue reading

Autarchy, Behavioral Economics, Competition, Culture Divide, Current Events, Economic Theory, Interdependency, Poverty, Rational Choice Theory, Specialism, Systems Theory, Wealth | Leave a comment