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…
Why would people want to raise taxes but not be willing to donate to the treasury?
Washington — Two dozen “patriotic millionaires” traveled to the Capitol on Wednesday to demand that Congress raise taxes on wealthy Americans. The Daily Caller attended their press conference with an…
- Austrian School
- Capitalism
- Chicago School
- Closed System
- Competition
- Complexity
- Culture Divide
- Distributism
- Division of Labor
- Economic Policy
- Economic Theory
- Free Land
- Free Market
- Game Theory
- Interdependency
- Keynesianism
- Marxism
- Political Theory
- Poverty
- Self-Government
- Self-Reliance
- Self-Rule
- Self-Sufficiency
- Sociology
- Systems Theory
- Trade
- Wealth
- Welfare Statism
- Zero-sum
Zero-sum economics: the core issue of the great debate
Is the economy a zero-sum game? John Mackey, co-founder and co-CEO of Whole Foods Market says that it isn’t a zero-sum game. (WSJ.com) Business is not a zero-sum game struggling…
- 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
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…
- 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
I could be wrong, but I’m not
Part of the 99%: Part of the 53%:
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….
- 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
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…
The social contract question
Granted we are social animals and engaged in a social contract, why does Warren assume that the factory owner isn’t putting forth his part of the bargain? Is it assumed…
A call for more civil discourse
In his article on FEE, Steven Horowitz argues that a key to civil discourse is attempting to view the debate from the other side. It is all too easy to…
A theory about the poor’s aversion to welfare
(The Economist) Instead of opposing redistribution because people expect to make it to the top of the economic ladder, the authors of the new paper argue that people don’t like…
Police and thieves in the street
by Junior Murvin Police and thieves in the street (oh yeah) Fighting the nation with their guns and ammunition Police and thieves in the street (oh yeah) Scaring the nation…
The plight of the middle class
Robert Reich connects the dots on the economy, in less than 2 minutes and 15 seconds. A number of questions arise, not the least important of which has to do…
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…
This may bring my presidency down, but I will not yield on this.
President Barack Obama on the negotiations for short term extension of the debt ceiling. (Dow Jones)- President Barack Obama threatened to veto any short- term extension of the debt ceiling,…
Why stop at the 51st state?
An interesting, albeit daunting, prospect has recently received some momentum in Southern California–one that would make several of its counties its own state. (Christian Science Monitor) Thirteen mostly conservative California…
Is Distributism the answer?
In John C. Médaille’s book, Toward a Truly Free Market, the argument is made that the modern system is a self-perpetuating cycle that can only lead to more regulation and…
Are we divided?
Reason.tv’s Editor-in-Chief Nick Gillespie joined The Nation’s Katrina vanden Heuvel on CNN’s In the Arena with Eliot Spitzer to discuss how divided both Washington and Americans are by ideology today…
Freedom: For Whom and From What?
These ideas need to be debated on a regular basis. Watch live streaming video from aynrandcenter at livestream.com
A government of Hottentots
(Washington Post) It was billed as President Obama’s big speech on reducing the federal budget deficit. But the Wednesday afternoon address sounded at times like the speech he did not…