Economics

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The Monetary Metal That Won’t Die

Jan 6th, 2012 | By | Category: Currencies, Economics, Featured, Gold, Politics
For more than one hundred years, governments have been trying to kill gold's role in the monetary system. They've dreamed of a day when the cursed metal would vanish completely except as jewelry and luxurious adornment. And yet its monetary properties won't go away. Central banks still hold it, and ...read more

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Posted in Currencies, Economics, Featured, Gold, Politics | No Comments »


Generation Demoralized

Dec 30th, 2011 | By | Category: Economics, Featured
It’s a scandal how little talk there is of what really amounts to a national calamity: youth unemployment. It soared after the recession began in 2008, and it only grew higher after the recession supposedly ended. It is approaching 19% according to the official data. But official data tell only ...read more

Posted in Economics, Featured | 6 comments


Who Should Control the World?

Dec 27th, 2011 | By | Category: Economics, Featured, Technology
In the days following the gift-giving holidays, many millions of people stand in judgement over the quality of the gifts they gave and the gifts they receive. Did they arrive on time? Did the quality hold up? Did the reality match the advertising hype? The Internet ads an extra wrinkle. ...read more

Posted in Economics, Featured, Technology | 3 comments


The Elves of Capitalism

Dec 24th, 2011 | By | Category: Economics, Featured
One reason that the Brothers Grimm fairy tales have such appeal -- more so than the folklore that came before -- is that they deal with a world that is familiar to us, a world that was just being invented in the early 19th century, when these stories were first ...read more

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Posted in Economics, Featured | 4 comments


It’s the Government vs. You

Dec 23rd, 2011 | By | Category: Economics, Featured
In an extended interview on Capital Account, Laissez-Faire Books executive editor Jeffrey Tucker explains why the digital world is innovative, service minded, and growing, whereas so many parts of the physical world ruled by government are decrepit and dying. He also covers the threat of government regulation of the Internet, ...read more

Posted in Economics, Featured | 4 comments


Human Ignorance and Social Engineering

Dec 22nd, 2011 | By | Category: Economics, Featured, Politics
Throughout most of intellectual history, society has been considered to be the result of someone's design, whether that someone was God, a specific human being (e.g., a monarch) or a group of people (e.g., a government). In his multivolumed Law, Legislation and Liberty, the social theorist Friedrich A. Hayek referred ...read more

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Posted in Economics, Featured, Politics | 4 comments


The Hidden Cost Of The Payroll Tax

Dec 21st, 2011 | By | Category: Economics, Featured, Politics
The best part of the chaotic debate in Washington about the payroll tax is that this wicked institution is finally getting the public attention it deserves. In most debates about taxation, the payroll tax has hardly ever been mentioned, even though it accounts for more than one-third of federal revenue, ...read more

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Posted in Economics, Featured, Politics | 1 Comment »


The Regulatory State Does Not Like You

Dec 20th, 2011 | By | Category: Economics, Featured, Politics
Two important regulatory rulings have been issued in the last day that will have a profound effect on your life, both immediately and over the long run. One forces a continued degradation of AT&T's cell phone coverage by forbidding a merger with the embattled company T-Mobile. The other targets a ...read more

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Posted in Economics, Featured, Politics | 1 Comment »


Do You Love Commerce?

Dec 19th, 2011 | By | Category: Economics, Featured
The holiday season is a marvelous opportunity for the commercial sector of life to shine. It makes possible our gift giving, decorations, parties, meals and just about everything else we associate with our traditions. For this reason, it is hard to take seriously the complaints about how the holidays have ...read more

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Posted in Economics, Featured | 1 Comment »


How Politicians Wreck the World: Lesson #425,689,231

Dec 12th, 2011 | By | Category: Economics, Featured, Politics
One of the coolest aspects of modern life is about to come to an end. I'm speaking of the great innovation in the last 10 years in which vending machines accept credit and debit cards. No more fishing in our pockets for quarters, dimes and nickels. No more having to ...read more

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Posted in Economics, Featured, Politics | 11 comments


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