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…
Is the modern political economy a zero-sum game?
In Part III of Juggernaut, I show how the use of government as a wealth-transferring system necessarily exasperates competition in the economy and creates what can best be described as…
Government-first health care a risk to well-being
(Reason) For the past several years, the medical profession has been undergoing a disturbing transformation. The process was begun by the Centers for Medicare and Medicaid Services (CMS) in an…
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…
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…
Feds shut down Amish farm for selling fresh milk
(Washington Times) The FDA won its two-year fight to shut down an Amish farmer who was selling fresh raw milk to eager consumers in the Washington, D.C., region after a…
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…
I do not ask that you place hands upon the tyrant to topple him over, but simply that you support him no longer; then you will behold him, like a great Colossus whose pedestal has been pulled away, fall of his own weight and break in pieces.
Étienne de La Boétie. Reminds one of the solutions put forth in the book.
Direct democracy, kind of
We The People is Live!Welcome to We the People on WhiteHouse.gov. This tool provides you with a new way to petition the Obama Administration to take action on a range…
- Closed System
- Competition
- Complexity
- Current Events
- Distributism
- Ecology
- Economic Theory
- Free Land
- Frontier Thesis
- Game Theory
- Indiana School
- Influences
- Interdependency
- Motivation
- Perpetuity
- Political Theory
- Polycentrism
- Public Choice Theory
- Self-Government
- Self-Rule
- Solutions
- Systems Theory
- Zero-sum
Sustainable development and the tragedy of commons
Stockholm whiteboard seminars: Nobel Prize-winner Elinor Ostrom explains how people can use natural resources in a sustainable way based on the diversity that exists in the world. Succinct brilliance.
Because there was no corruption in Soviet Russia
(Associated Press) Protesters wave a Red flag, as simbol of revolution, as they march during a mass rally to protest against alleged vote rigging in Russia’s parliamentary elections in Moscow,…
- 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…
- 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…
Is greater state sovereignty the last hope?
(The Daily Bell) Just following Congress, the 2012 presidential campaign and the inability of citizens to influence government policy makes it clear to every American how broken the US political…
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…
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….