- 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…
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…
Is Social Security a Ponzi Scheme?
In the last couple of Republican presidential debates, a comment made by candidate Rick Perry on whether Social Security is a Ponzi Scheme has been the center of much discussion….
Desktop manufacturing gaining steam
In the fourth section of Juggernaut, I proposed something called a ‘Materializer’ or what is called a ‘Replicator’ in science fiction as a tool that can provide independent individuals with…
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…
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…
Solving the problem by adding to it and making it worse
(The New York Times) There is something you should know about the deal to cut federal spending that President Obama signed into law on Tuesday: It does not actually reduce federal…
The math behind economies of scale
(TED) Physicist Geoffrey West has found that simple, mathematical laws govern the properties of cities — that wealth, crime rate, walking speed and many other aspects of a city can…
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…
The debt ceiling as a perpetual soufflé
As Veronique de Rugy explains, the debt ceiling was initiated in the U.S. in 1917 as a way to ensure responsibility in congress. Since then, government has raised it nearly…
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…
Planned economy or planned destruction?
The more things change, the more they stay the same. This cartoon was published in the Chicago Tribune in 1934.
What will it take to save the American Dream?
(The Heritage Foundation) Saving the American Dream is The Heritage Foundation’s plan to fix the debt, cut spending and, above all, restore prosperity. It balances the nation’s budget within a…