Category Archives: Inflation

Democracy no more

(PolicyMic) A new scientific study from Princeton researchers Martin Gilens and Benjamin I. Page has finally put some science behind the recently popular argument that the United States isn’t a democracy any more. And they’ve found that in fact, America … Continue reading

Bureaucracy, Closed System, Competition, Complexity, Current Events, Economic Theory, Frontier Thesis, Game Theory, Inflation, Interdependency, Keynesianism, Legal Theory, Marxism, Motivation, Political Theory, Taxes, Tyranny, Wealth, Welfare Statism, Zero-sum | Leave a comment

Not a 1% problem; not a 99% problem; it’s an American problem

Chicago black grassroots activists respond to SOTU. And it’s not favorable.

Bureaucracy, Capitalism, Closed System, Culture Divide, Current Events, Economic Policy, Economic Theory, Education, Free Market, Inflation, Interdependency, Keynesianism, Legal Theory, Localism, Marxism, Motivation, Perpetuity, Political Theory, Poverty, Sociology, Solutions, Systems Theory, Taxes, Tea Party, Wealth, Welfare Statism | Leave a comment

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

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

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

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

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

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

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 | Leave a comment

Currents in currency

Away with the past: (Death to Pennies) The story of the penny starts in the first US Mint founded in 1792 which produced these one-cent pieces along with other coins including the Quarter, Dime, Half Dime and a mystery coin … Continue reading

Competition, Complexity, Currency, Current Events, Division of Labor, Economic Policy, Free Market, Inflation, Inspiration, Interdependency, Simplicity, Solutions, Trade, Wealth | 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

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

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

Occupy Wall Street demands are vaguely familiar

The protestors on Wall Street known as ‘Occupy Wall Street’ have recently been identified by a list of demands evidently posted by one of their followers. Though there are no official demands by the group, the list does serve to … Continue reading

Closed System, Competition, Complexity, Culture Divide, Current Events, Debt Ceiling, Economic Policy, Economic Theory, Federal Budget, Game Theory, Inflation, Interdependency, Keynesianism, Legal Theory, Marxism, Motivation, National Debt, Notable Quotables, Perpetuity, Political Theory, Poverty, Systems Theory, Wealth, Zero-sum | 1 Comment

Local currencies could reshape Brazilian economy

The Wall Street Journal recently featured a story on a currency called the capivari, a local currency emblazoned with the face of a giant rodent. The capivari is one of 63 local moneys—including bills named after the sun, cactus and … Continue reading

Austrian School, Autarchy, Closed System, Competition, Complexity, Currency, Current Events, Economic Policy, Inflation, Interdependency, Polycentrism, Self-Government, Self-Reliance, Self-Rule, Self-Sufficiency, Simplicity, Solutions, Trade, Wealth | 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