- Bureaucracy
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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…
- 2007-08 Crisis
- Autarchy
- Capitalism
- Competition
- Complexity
- Consumerism
- Culture Divide
- Division of Labor
- Economic Policy
- Economic Theory
- Free Market
- Inflation
- Interdependency
- Keynesianism
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- Political Theory
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- Self-Reliance
- Self-Sufficiency
- Specialism
- Systems Theory
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- Wealth
- Welfare Statism
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…
IRS to institute licensing for tax preparation?
For more visit http://www.ij.org/IRS Congress never gave the IRS the authority to license tax preparers, and the IRS can’t give itself that power. But last year the IRS imposed a…
- 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
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…
Can currents in childbearing be healthy for the economy?
(Child Trends) Having children outside of marriage–nonmarital childbearing–is increasingly common in the United States. A new Research Brief, Childbearing Outside of Marriage: Estimates and Trends in the United States, describes how…
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…
The parasite economy
From a recent Heritage release: This annual study by The Heritage Foundation analyzes federal assistance programs for everything from housing, health care, and food stamps to college tuition and retirement…
Honduras’ Gultch here we come!
(Economist) Now, for the first time, libertarians have a real chance to implement their ideas. In addition to a big special development region, the Honduran government intends to approve two…
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…
- 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
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…
Good reads–Thinking, Fast and Slow by Daniel Kahneman
By many accounts, Daniel Kahneman is the father of his field, Behavioral Economics, which is a mix between behavioral psychology and traditional economics and has provided perhaps the most fascinating…
- Chicago School
- Closed System
- Competition
- Complexity
- Distributism
- Division of Labor
- Ecology
- Economic Policy
- Economic Theory
- Free Market
- Frontier Thesis
- Interdependency
- Keynesianism
- Motivation
- Perpetuity
- Polycentrism
- Self-Reliance
- Self-Sufficiency
- Simplicity
- Solutions
- Specialism
- Systems Theory
- Trade
- Wealth
- Welfare Statism
- Zero-sum
The inefficiency of home-grown food
Recently, two members of congress have introduced legislation which is aimed at lowering carbon output by encouraging local food production and distribution. There are a number of things wrong with…
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…
Population 7 Billion
There will soon be seven billion people on the planet. By 2045 global population is projected to reach nine billion. Can the planet take the strain? via Population 7 Billion…
Does forgiving debt reduce economic stress?
(Christian Science Monitor) President Obama on Wednesday is launching a new plan to lower the cost of paying back student loans for millions of borrowers – the latest installment in…
- 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….
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…
- 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…