The paradoxes of politics
The GOP leaders have somehow managed the remarkable feat of being blamed for opposing a one-year extension of a tax holiday that they are surely going to pass. This is…
In praise of misers
Here’s what I like about Ebenezer Scrooge: His meager lodgings were dark because darkness is cheap, and barely heated because coal is not free. His dinner was gruel, which he…
Leaders are visionaries with a poorly developed sense of fear and no concept of the odds against them.
Robert Jarvik, American scientist, researcher and entrepreneur known for his role in developing the Jarvik-7 artificial heart.
Thirty people who are finding new frontiers
These are the people who arent waiting to reinvent the world. FORBES, leaning on the wisdom of its readers and the greatest minds in business, presents the 30 disrupters under…
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,…
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…
Just what kind of students does the modern education system produce?
(Washington Post) A longtime friend on the school board of one of the largest school systems in America did something that few public servants are willing to do. He took…
- 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–Pricing Beauty by Ashley Mears
This book is a thorough, academic treatment of the modeling industry. The author ably covers a number of fascinating sociological aspects of one of the more extraordinary industries in modern…
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…
Are the 1% really that different from the 99%?
The culture divide is probably best displayed by the anguish of protesters (in the Tea Party and in the Occupy Wall Street movements). For the most part, the protesters have…
- 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…
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…
An insoluble problem
Excedrin’s funny and insightful campaign reveals a lot about the unnecessary complexity of modern trade.
Author interview with Jerry Bowyer
Great interview (minus technical difficulties) with the ever-insightful financial commentator Jerry Bowyer on The American Entrepreneur radio network: Eric Robert Morse, the author of “Juggernaut” talks with Jerry about the…