Category Archives: National Debt

Trump is not the problem; the system that created Trump is the problem

As 2016 Super Tuesday results filed in, a sinking feeling could be felt across the country. Political pundits and lay voters alike realized that Donald J. Trump had a good chance of securing a majority of the states’ primaries, which … Continue reading

Bureaucracy, Closed System, Competition, Culture Divide, Current Events, Frontier Thesis, Interdependency, Motivation, National Debt, Perpetuity, Political Theory, Psychology, Public Choice Theory, Sociology, Taxes, Tyranny, Welfare Statism, Zero-sum | Leave a comment

Venice independence

(Mises.org) With an 89 percent majority, the voters of Venice have elected to leave Italy. In practice, what this really means is that the Venetians plan to no longer send tax revenues to Rome. Apparently, the Venetians, who inhabit the … Continue reading

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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

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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 | 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

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

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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

Bureaucracy, Closed System, Current Events, Debt Ceiling, Federal Budget, Keynesianism, Motivation, National Debt, Perpetuity, Public Choice Theory, Taxes, Tyranny, Wealth, Welfare Statism | Leave a comment

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 | 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

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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 | 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

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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 | Leave a comment

The European crisis dramatized

She’s German. He’s Greek. Watch, enjoy, tell us what you think — and what you can spot… Music provided by archive.org. For credits and more see www.europeanbreakup.eu @econfilm #AVEBU

2007-08 Crisis, Bureaucracy, Complexity, Current Events, Debt Ceiling, Economic Theory, Euro Crisis, Foreign Aid, Free Market, Government Shutdown, Inflation, Interdependency, Keynesianism, Marxism, Motivation, National Debt, Perpetuity, Political Theory, Trade, Welfare Statism | Leave a comment

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

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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

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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

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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

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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

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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 | Leave a comment

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

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