Posts Tagged ‘ central planning ’

Deleverage the World

Nov 29th, 2011 | By | Category: Economics, Featured
Capitalism is supposed to be a system of profit and loss, but in recent years, central bankers and central planners seem to have forgotten the part about losses. The push and pull every lever on the control board to try to make losses for the big players go away, which ...read more

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Posted in Economics, Featured | 2 comments


The Free-Market Lesson of the Web

Jun 27th, 2011 | By | Category: Economics, Featured, Politics
The World Wide Web was invented in 1992 by Sir Tim Berners-Lee as a simple mechanism to share scientific papers with colleagues. The key innovation of the web was the use of hypertext - the mechanism by which we click on a link, such as a chunk of highlighted text, ...read more

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Posted in Economics, Featured, Politics | 3 comments


To Tax Is to Destroy

Apr 29th, 2011 | By | Category: Featured, Personal Liberties, Politics
In order to have an effect, laws must be enforced. The enforcement mechanism is the bureaucracy. Without a bureaucratic system of enforcers, laws would be just a collection of restrictive words on fancy parchment. This is why President Jackson said of another case during the Marshall court, “John Marshall has ...read more

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Posted in Featured, Personal Liberties, Politics | 6 comments


Gold vs. Guns and Badges

Mar 18th, 2011 | By | Category: Economics, Featured, Gold, Macro Economics
Do you trust men with guns and badges to provide long-term economic growth? Or do you trust the free market? When push comes to shove — recession — most people trust guns and badges far more than they trust the free market. Do you trust the Federal Reserve System to maintain prosperity? ...read more

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Posted in Economics, Featured, Gold, Macro Economics | 6 comments


The Command Economy

Dec 23rd, 2009 | By | Category: Featured, Macro Economics
America is transforming itself, without forethought, debate, or pause, into a command economy. A command economy is a top-down, state-controlled economy directed by planners and bureaucrats, boards and bodies, administrators and authorities. A command economy is not characterized by mutuality of interest and agreement between parties. It relies on edict. ...read more

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Posted in Featured, Macro Economics | 12 comments