Money is necessary to determine the difference between inputs and outputs. Paper money makes that more and more difficult to … Read the rest
Category: Economics
Violent Changes in the Value of Money
The changes in value haven’t come from gold. The change is due to fiat money and the printing press. Gold … Read the rest
Covert Parasitism
There are no booms and busts in the free market. I repeat, there are no booms and busts in the
Irresponsible Babbler
There is a severe misunderstanding of what capitalism is. The irresponsible babblers will provide all sorts of definitions. All of … Read the rest
Change in the Economy
Every entrepreneurial action changes the economy. This process is undertaken with the expectation of a return. This doesn’t mean there’s … Read the rest
Democracy is the Enemy of Thinking
The aim of all leftists is to destroy language. Thinking is done in language. Communication is done in language. You … Read the rest
The Allure of the Herd
Man must act to change his state of affairs. The herd seems like the most attractive solution. Action is … Read the rest
The Castration Economy
Desiring an object doesn’t depend on its inputs. It depends entirely on the demand for that product. Goods aren’t
The Madness of Herds
Failure of the New-New Economics
What is being thrown around today aren’t new ideas. They’re old ideas that have failed before, and will fail again.