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Category Archives: Federal Budget
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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The nauseating irony of the fiscal cliff pay raise
(Weekly Standard) President Barack Obama issued an executive order to end the pay freeze on federal employees, in effect giving some federal workers a raise. One federal worker now to receive a pay increase is Vice President Joe Biden. According … Continue reading
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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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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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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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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American exceptionalism pronounced at Republican National Convention
Transcript: When the Supreme Court upheld Obamacare, the first words out of my mouth were: I still think it is unconstitutional! The leftwing blogs were merciless. Even my wife said — can’t you pleeeease count to ten before you speak? … Continue reading
2007-08 Crisis, Austrian School, Autarchy, Budget Deficit, Bureaucracy, Capitalism, Closed System, Competition, Complexity, Culture Divide, Currency, Current Events, Debt Ceiling, Federal Budget, Free Market, Inspiration, Interdependency, Motivation, National Debt, Political Theory, Polycentrism, Self-Government, Self-Rule, Solutions, Systems Theory, Taxes, Trade, Wealth, Welfare Statism
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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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Public schools cost more than you think
(CATO) Although public schools are usually the biggest item in state and local budgets, spending figures provided by public school officials and reported in the media often leave out major costs of education and thus understate what is actually spent. … Continue reading
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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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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The striking connection between contraception and sovereign debt
Mark Steyn has an uncanny knack for pointing out obscure and yet compelling aspects of our political economy. In his latest column, he shows how the latest controversy over Obama’s contraception mandate is less a distraction from our economic woes, … Continue reading
Bureaucracy, Culture Divide, Currency, Current Events, Debt Ceiling, Economic Policy, Economic Theory, Federal Budget, Free Market, Indiana School, Influences, Interdependency, Keynesianism, Legal Theory, Motivation, National Debt, Perpetuity, Political Theory, Public Choice Theory, Welfare Statism
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Signs of a new de-urbanization?
After the fall of the Roman Empire in the 5th century, a great de-urbanization took place when city dwellers realized that the centralized system was unreliable and even dangerous. Smaller, local bands arose to meet the needs formerly promised by … Continue reading
2007-08 Crisis, Autarchy, Budget Deficit, Bureaucracy, Capitalism, Closed System, Competition, Current Events, Debt Ceiling, Distributism, Division of Labor, Ecology, Economic Theory, Federal Budget, Free Land, Free Market, Frontier Thesis, Game Theory, Inspiration, Interdependency, Legal Theory, National Debt, Political Theory, Polycentrism, Poverty, Rational Choice Theory, Self-Government, Self-Reliance, Self-Rule, Self-Sufficiency, Simplicity, Solutions, Specialism, Systems Theory, Trade, Wealth, Zero-sum
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The end of the euro?–Tyler Cowen on the European crisis
(EconTalk) Tyler Cowen of George Mason University talks with EconTalk host Russ Roberts about the European crisis. Cowen argues that Greece is likely to default either in fact or in spirit but that the key question is which nations might … Continue reading
2007-08 Crisis, Austrian School, Closed System, Competition, Complexity, Current Events, Debt Ceiling, Economic Policy, Economic Theory, Federal Budget, Foreign Aid, George Mason School, Inflation, Interdependency, Keynesianism, Marxism, Motivation, National Debt, Perpetuity, Political Theory, Systems Theory, Wealth, Welfare Statism, Zero-sum
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The bane of representative government
(Reuters) Lawmakers abandoned their high-profile effort to rein in the country’s ballooning debt on Monday in a sign that Washington likely will not be able to resolve a dispute over taxes and spending until 2013. This whole procedure brings to … Continue reading
Free Market Forum via Hillsdale College
All those interested in all things free will be delighted by a series of events this week hosted by Hillsdale College. The information is as follows: Free Market Forum “Markets, Government, and the Common Good” Presented in conjunction with the … Continue reading
Does forgiving debt reduce economic stress?
(Christian Science Monitor) President Obama on Wednesday is launching a new plan to lower the cost of paying back student loans for millions of borrowers – the latest installment in his bid to move a jobs agenda that bypasses a … Continue reading
I could be wrong, but I’m not
Part of the 99%: Part of the 53%:
2007-08 Crisis, Autarchy, Budget Deficit, Closed System, Competition, Complexity, Culture Divide, Current Events, Economic Policy, Economic Theory, Federal Budget, Inflation, Interdependency, Keynesianism, Marxism, Motivation, National Debt, Perpetuity, Political Theory, Poverty, Resources, Self-Reliance, Self-Sufficiency, Sociology, Systems Theory, Wealth, Welfare Statism, Zero-sum
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Propaganda: repetition and fear
A propaganda film about propaganda. Learn how the powers that be use argumentum ad metum (the appeal to fear) and constant repetition to subtly manipulate your emotions. Be sure to visit my website to check out more exclusive content. By … Continue reading