Category Archives: Keynesianism

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

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

If The World Picked U.S. President…

…then we wouldn’t be the U.S. (NPR) The presidential election here at home is neck and neck. The Real Clear Politics average of the popular vote puts Gov. Mitt Romney 0.6 percent ahead of President Obama.But if the world had … Continue reading

Closed System, Competition, Complexity, Culture Divide, Current Events, Euro Crisis, Foreign Aid, Free Market, Frontier Thesis, Interdependency, Keynesianism, Marxism, Motivation, Perpetuity, Political Theory, Polycentrism, Self-Government, Self-Rule | Leave a comment

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

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 | 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

Austrian School, Bureaucracy, Capitalism, Closed System, Competition, Complexity, Culture Divide, Economic Policy, Free Market, Frontier Thesis, Interdependency, Keynesianism, Marxism, Motivation, National Debt, Perpetuity, Political Theory, Taxes, Wealth, Welfare Statism, Zero-sum | Leave a comment

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 | Leave a comment

When the law contradicts what most people regard as moral and proper, they will break the law whether the law is enacted in the name of a noble ideal such as equality or in the naked interest of one group at the expense of another.

Milton Friedman, Free to Choose.

Autarchy, Bureaucracy, Capitalism, Chicago School, Closed System, Competition, Complexity, Economic Theory, Free Market, Game Theory, Influences, Inspiration, Interdependency, Keynesianism, Legal Theory, Marxism, Motivation, Notable Quotables, Political Theory, Polycentrism, Psychology, Rational Choice Theory, Self-Government, Self-Reliance, Self-Rule, Self-Sufficiency, Sociology, Solutions, Systems Theory, Welfare Statism, Zero-sum | Leave a comment

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 | Leave a comment

The (il)logic of political rhetoric

President Obama’s speech on Friday has caused a stir. In a way similar to Elizabeth Warren’s provocative speech, Obama announced that no man is an island. And, similar to the criticism of Warren’s remarks, the president’s words have been considered … Continue reading

Autarchy, Bureaucracy, Capitalism, Closed System, Competition, Consumerism, Economic Theory, Education, Free Market, Interdependency, Keynesianism, Legal Theory, Marxism, Motivation, Notable Quotables, Perpetuity, Political Theory, Polycentrism, Public Choice Theory, Self-Government, Self-Reliance, Self-Rule, Self-Sufficiency, Specialism, Systems Theory, Trade, Wealth, Welfare Statism | Leave a comment

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 | Leave a comment

HHS cometh

(AP) The Supreme Court’s decision to uphold most of President Barack Obama’s health care law will come home to roost for most taxpayers in about 2 1/2 years, when they’ll have to start providing proof on their tax returns that … Continue reading

Autarchy, Bureaucracy, Closed System, Competition, Complexity, Culture Divide, Current Events, Free Market, Health Care, Interdependency, Keynesianism, Legal Theory, Marxism, Motivation, Perpetuity, Political Theory, Polycentrism, Poverty, Self-Government, Self-Rule, Systems Theory, Taxes, Trade, Welfare Statism | Leave a comment

The war on health

While some bits look a little sensational, there are some really good points here:

Autarchy, Bureaucracy, Closed System, Competition, Complexity, Consumerism, Current Events, Ecology, Free Market, Health Care, Interdependency, Keynesianism, Legal Theory, Marxism, Motivation, Perpetuity, Political Theory, Self-Reliance, Self-Sufficiency, Systems Theory, Technology, Trade, Wealth, Welfare Statism | Leave a comment

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

Forward to an Orwellian future

‘The Life of Julia’ is a slideshow produced and presented by the Obama administration to show the course of a woman’s life under Obama’s policies and contrasted by those proposed by Republicans Mitt Romney and Paul Ryan. The piece is … Continue reading

Bureaucracy, Closed System, Current Events, Interdependency, Keynesianism, Marxism, Motivation, Perpetuity, Political Theory, Psychology, Sociology, Welfare Statism | Leave a comment

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 | Leave a comment

Man’s imperfection and government

There is current in modern political science that sees the concept of perfection as central to social structures. The idea is that man is imperfect and is incapable of perfecting his nature. As such, any attempt at perfection is necessarily … Continue reading

Austrian School, Autarchy, Bureaucracy, Closed System, Competition, Complexity, Culture Divide, Free Market, George Mason School, Interdependency, Keynesianism, Legal Theory, Perpetuity, Political Theory, Polycentrism, Public Choice Theory, Self-Government, Self-Rule, Systems Theory, Welfare Statism | Leave a comment