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Category Archives: Economic Policy
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
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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
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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
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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
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The Fiscal Cliff blame game
(Cafe Hayek) If you only read the Washington Post and certain bloggers, the Republicans are to blame if we go over the fiscal cliff. They’re unwilling to compromise–they refuse to raise taxes and only want spending cuts. Compromise is a … Continue reading
Budget Deficit, Bureaucracy, Closed System, Competition, Consumerism, Culture Divide, Current Events, Debt Ceiling, Economic Policy, Federal Budget, Interdependency, Keynesianism, Marxism, Motivation, National Debt, Perpetuity, Political Theory, Public Choice Theory, Wealth, Welfare Statism, Zero-sum
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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
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Good sees–House of Cards
Netflix Original Series ‘House of Cards.’ All 13 episodes arrive February 1, only on Netflix. See more at http://nflx.it/HouseofCards Ruthless and cunning, Congressman Francis Underwood (Oscar® winner Kevin Spacey) and his wife Claire (Robin Wright) stop at nothing to conquer … Continue reading
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
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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
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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
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A medical system on life support
ESCAPE FIRE: The Fight to Rescue American Healthcare tackles one of the most pressing issues of our time: how can we save our badly broken healthcare system? American healthcare costs are rising so rapidly that they could reach $4.2 trillion … Continue reading
Bureaucracy, Capitalism, Closed System, Competition, Complexity, Current Events, Economic Policy, Free Market, Frontier Thesis, Health Care, Inflation, Interdependency, Keynesianism, Motivation, Perpetuity, Poverty, Rational Choice Theory, Specialism, Systems Theory, Technology, Wealth, Welfare Statism
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Freedom free fall
(Cato) Global economic freedom bounced back slightly in this year’s report. After falling for two consecutive years following a long trend of increases, the average score rose from 6.79 in 2009 to 6.83 in 2010, the most recent year for … Continue reading
The irony of choice
(Mark Steyn) So this is America’s best and brightest – or, at any rate, most expensively credentialed. Sandra Fluke has been blessed with a quarter-million dollars of elite education, and, on the evidence of Wednesday night, is entirely incapable of … Continue reading
2007-08 Crisis, Autarchy, Budget Deficit, Bureaucracy, Capitalism, Closed System, Competition, Culture Divide, Current Events, Debt Ceiling, Economic Policy, Economic Theory, Education, Federal Budget, Free Market, Interdependency, Keynesianism, Legal Theory, Marxism, Motivation, National Debt, Perpetuity, Political Theory, Specialism, Systems Theory, Welfare Statism, Zero-sum
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Charter cities set for development
TEGUCIGALPA, Honduras (AP) — Investors can begin construction in six months on three privately run cities in Honduras that will have their own police, laws, government and tax systems now that the government has signed a memorandum of agreement approving … Continue reading
Downsizing the Federal Government
(Cato) The federal government is running massive budget deficits, spending too much, and heading toward a financial crisis. Without a change of direction in Washington, average working families will be faced with huge tax increases and a lower standard of … Continue reading
Austrian School, Autarchy, Bureaucracy, Closed System, Competition, Complexity, Economic Policy, Economic Theory, Federal Budget, Free Market, Good Reads, Inspiration, Interdependency, Keynesianism, Legal Theory, Marxism, Motivation, National Debt, Political Theory, Polycentrism, Resources, Self-Government, Self-Reliance, Self-Rule, Self-Sufficiency, Simplicity, Solutions, Systems Theory, Wealth, Welfare Statism
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Are we advancing technologically? Economically?
PETER THIEL: But I think that when you look at this question of how much technological progress has been happening, we get into all these complicated measurement issues. The one that I cite as the big data point is that … Continue reading
Austrian School, Autarchy, Bureaucracy, Capitalism, Closed System, Competition, Complexity, Consumerism, Culture Divide, Currency, Current Events, Division of Labor, Economic Policy, Economic Theory, Education, Euro Crisis, Free Land, Free Market, Frontier Thesis, Game Theory, Inflation, Inspiration, Interdependency, Keynesianism, Legal Theory, Marxism, Motivation, National Debt, Perpetuity, Political Theory, Polycentrism, Poverty, Self-Government, Self-Reliance, Self-Rule, Self-Sufficiency, Solutions, Specialism, Systems Theory, Technology, Trade, Wealth, Welfare Statism, Zero-sum
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Juggernaut cometh
Jurist Richard Posner sums things up pretty well: (Becker-Posner) The institutional structure of the United States is under stress. We might be in dangerous economic straits if the dollar were not the principal international reserve currency and the eurozone in … Continue reading
Bureaucracy, Capitalism, Closed System, Competition, Complexity, Consumerism, Current Events, Economic Policy, Economic Theory, Federal Budget, Free Market, Health Care, Inflation, Interdependency, Keynesianism, Marxism, Motivation, National Debt, Notable Quotables, Perpetuity, Political Theory, Poverty, Systems Theory, Trade, Welfare Statism, Zero-sum
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What labor statistics say about our economy
Most attuned to the mumbo jumbo disseminated from Washington will recognize the patent unreliability of statistics. And most will not take at face value reports on inflation, employment, or other political economic issues. Still, the government keeps churning them out … Continue reading
2007-08 Crisis, Autarchy, Capitalism, Competition, Complexity, Consumerism, Culture Divide, Division of Labor, Economic Policy, Economic Theory, Free Market, Inflation, Interdependency, Keynesianism, Motivation, Perpetuity, Political Theory, Poverty, Self-Reliance, Self-Sufficiency, Specialism, Systems Theory, Trade, Wealth, Welfare Statism
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IRS to institute licensing for tax preparation?
For more visit http://www.ij.org/IRS Congress never gave the IRS the authority to license tax preparers, and the IRS can’t give itself that power. But last year the IRS imposed a sweeping new licensing scheme that forces tax preparers to get … Continue reading
Austrian School, Bureaucracy, Capitalism, Closed System, Competition, Complexity, Current Events, Economic Policy, Free Market, Interdependency, Keynesianism, Legal Theory, Marxism, Motivation, Perpetuity, Political Theory, Public Choice Theory, Specialism, Systems Theory, Taxes, Welfare Statism, Zero-sum
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Greece–a portent of things to come?
Moodys Investors Service considers Greece to have defaulted per its default definitions. The announcement comes despite Athens reaching a deal with private creditors for a bond exchange that will shave €107 billion from its €350 billion debt. The agency pointed … Continue reading
Budget Deficit, Capitalism, Competition, Complexity, Consumerism, Currency, Current Events, Debt Ceiling, Economic Policy, Euro Crisis, Federal Budget, Foreign Aid, Free Market, Inflation, Interdependency, Keynesianism, Marxism, Motivation, Perpetuity, Political Theory, Poverty, Public Choice Theory, Systems Theory, Welfare Statism
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