Category Archives: 2007-08 Crisis

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

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

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

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

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

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 | 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

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 | Leave a comment

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 | Leave a comment

Are the 1% really that different from the 99%?

The culture divide is probably best displayed by the anguish of protesters (in the Tea Party and in the Occupy Wall Street movements). For the most part, the protesters have in mind a single villain, well defined and obviously evil. … Continue reading

2007-08 Crisis, Austrian School, Capitalism, Competition, Complexity, Culture Divide, Current Events, Free Market, Interdependency, Keynesianism, Marxism, Sociology, Solutions, Wealth, Welfare Statism | Leave a comment

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

2007-08 Crisis, Budget Deficit, Closed System, Competition, Complexity, Culture Divide, Current Events, Debt Ceiling, Federal Budget, Keynesianism, Perpetuity, Political Theory, Public Choice Theory, Systems Theory, Welfare Statism | Leave a comment

Bank Transfer Day is November 5

A group on Facebook has announced that Nov. 5th is Bank Transfer Day. The idea is simple: take your money out of the sprawling, corporate monstrosities called banks and move it to localized, community oriented credit unions or small banks. … Continue reading

2007-08 Crisis, Austrian School, Autarchy, Closed System, Competition, Complexity, Culture Divide, Current Events, Economic Theory, Frontier Thesis, Game Theory, Inflation, Inspiration, Interdependency, Motivation, Polycentrism, Resources, Self-Government, Self-Reliance, Self-Rule, Self-Sufficiency, Simplicity, Solutions, Specialism, Systems Theory, Trade, Wealth | Leave a comment

Films of note in theaters

Margin Call: A thriller that revolves around the key people at a investment bank over a 24-hour period during the early stages of the financial crisis. Ides of March: A young communications director works for a fast-rising presidential candidate. During … Continue reading

2007-08 Crisis, Complexity, Economic Theory, Influences, Polycentrism, Public Choice Theory | Leave a comment

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 | Leave a comment

The Juggernaut in a nutshell

Before talking about economics, I want to say something about democracy. In July, I was in Spain, talking to the “indignados” there, the protesters. There, I could use a bullhorn. I didn’t have to go through this echo chamber. I … Continue reading

2007-08 Crisis, Closed System, Competition, Complexity, Culture Divide, Current Events, Economic Policy, George Mason School, Interdependency, Keynesianism, Motivation, Notable Quotables, Perpetuity, Political Theory, Poverty, Public Choice Theory, Systems Theory, Welfare Statism, Zero-sum | Leave a comment

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

2007-08 Crisis, Austrian School, Closed System, Competition, Complexity, Current Events, Economic Policy, Federal Budget, Influences, Inspiration, Interdependency, Keynesianism, Marxism, Motivation, Perpetuity, Political Theory, Public Choice Theory, Solutions, Welfare Statism | Leave a comment

The United States of America loses its AAA credit rating from S&P

(Reuters) The United States lost its top-notch AAA credit rating from Standard & Poor’s on Friday in an unprecedented reversal of fortune for the world’s largest economy. Read the S&P report here: http://www.ft.com/intl/cms/af2c4fac-bfc2-11e0-90d5-00144feabdc0.pdf

2007-08 Crisis, Debt Ceiling, Economic Policy, Federal Budget, Inflation, Motivation, National Debt, Political Theory | Leave a comment

Life and times in the rentership society

(Bloomberg) The U.S. homeownership rate has fallen below 60 percent when delinquent borrowers are excluded, a sign of the country’s move toward a “rentership society,” Morgan Stanley said in a report today. One wonders why we should consider homeowners anything … Continue reading

2007-08 Crisis, Autarchy, Closed System, Competition, Free Land, Frontier Thesis, Motivation, Poverty, Self-Reliance, Self-Sufficiency, Systems Theory, Zero-sum | Leave a comment

The debt debate goes back long before Nov. 2010

(Reuters) – White House and congressional negotiators are racing against the clock to forge a deficit reduction deal that would clear the way for Congress to raise the $14.3 trillion U.S. debt ceiling by Aug. 2 and avert an unprecedented … Continue reading

2007-08 Crisis, Austrian School, Budget Deficit, Culture Divide, Current Events, Debt Ceiling, Economic Policy, Federal Budget, Interdependency, Keynesianism, National Debt, Public Choice Theory | Leave a comment