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Monthly Archives: August 2023
Quote of the Day
“There is only one difference between a bad economist and a good one: the bad economist confines himself to the visible effect; the good economist takes into account both the effect that can be seen and those effects that must be foreseen. … Continue reading
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Is Ignorance Bliss?
I’m always fascinated by how people view the world around them. What makes them tick? How can people view the same facts about a situation and yet come to such wildly differing conclusions? Especially in the fields of economics, politics, and philosophy, how … Continue reading
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Corruption
“When you see that in order to produce, you need to obtain permission from men who produce nothing – When you see that money is flowing to those who deal, not in goods, but in favors – When you see … Continue reading
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You’re on Your Own
Once again, as if we needed more evidence, we’re on our own in providing for our financial future. The “experts” are not looking out for you. Not only are they not looking out for you, they’re probably actively engaged in … Continue reading
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Principles…what a concept…
“Opium and morphine are certainly dangerous, habit-forming drugs. But once the principle is admitted that it is the duty of the government to protect the individual against his own foolishness, no serious objections can be advanced against further encroachments. Is … Continue reading
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The essential feature of Government
Not one person in a thousand understands this. But when you come to understand that freedom is what has driven virtually all human progress, you’ll also understand the perniciousness of government, and the essential feature that separates them from everyone … Continue reading
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Economically feasible?
Probably not, but it’s interesting to watch…
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The Inequality Elephant in the Room
Here are three intelligent people discussing the problem of inequality and universal basic income. It’s difficult to watch in the sense that they hit on so many ideas that are correct, for instance, that people don’t so much resent the … Continue reading
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