The end of the credit card?
It’s an app called Card Case, and it’s made by Square, the brilliant payments company founded by Twitter inventor Jack Dorsey. Because Card Case runs on your phone, it may…
Free Market Forum via Hillsdale College
All those interested in all things free will be delighted by a series of events this week hosted by Hillsdale College. The information is as follows: Free Market Forum “Markets,…
- 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….
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…
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…
Farms cropping up in the Bronx
(WSJ) The slice of land in the Bronx at first appears no different than many of the borough’s derelict empty lots, where any glimpse of green often resolves into a…
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…
Do the poor get poorer?
People often say that “the rich are getting richer while the poor are getting poorer.” Economics professor Steve Horwitz explains why in the United States, this characterization is largely a…
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…
21st century Chinatown?
Those who remember the 1974 classic film Chinatown will find this story eerily familiar. (ReasonTV) The Antelope Valley is a vast patch of desert on the outskirts of Los Angeles…
The virtues of competition
Orson Welles as Harry Lime in the film adaptation of Graham Greene’s Third Man. Don’t be so gloomy. After all it’s not that awful. Like the fella says, in Italy…
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…
Are sovereign islands the new frontier?
(Details) [Peter] Thiel spends a lot of time thinking about frontiers. “Way more than is healthy,” he admits. Not just financial frontiers, though that’s his day job: He cofounded PayPal,…
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…
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…