Capitalism is private ownership. Socialism is government ownership. Fascism is government control. Statism is some combination of socialism and fascism. … Read the rest
Category: Economics
Subjective Value
Value judgments express preferences of the acting individual. Action is aimed at the substitution of one state of affairs for … Read the rest
Immoral Choices
Ethics and morals are not the same. Ethics are universal. Morals are not. However, all morals must adhere to ethics. … Read the rest
On “Education”
Education is not what you might think it is. Imitation thinking is taught. This isn’t just in school. This continues … Read the rest
Left and Right
Both parties are statist parties. The terms left and right are thrown around too often. Not only are they used … Read the rest
Economic Science
Economics can have definite proof with the correct method. This doesn’t come from charts, mathematical formulas, game theory, etc. … Read the rest
Price Spread
Price spread is the difference between their selling price and the aggregate prices. This translates to the difference between inputs … Read the rest
Crusoe Economics
Property is essential to justice and economics. It is impossible to come to a just decision without property. Likewise, … Read the rest
From Delusion to Destruction
Statism aims at the substitution of the rational for the irrational. If calculation were possible, we wouldn’t need overlords to … Read the rest
Method
There are two methods, one of the physical sciences and one of man. There is not more than one logic… Read the rest