Central banking is often touted as a stabilizing force in the economy, but in reality, it’s an intricate mechanism of … Read the rest
Category: Economics
Freedom or Intervention?
The free market is the natural state of human interaction. People exchange goods and services voluntarily because it benefits both … Read the rest
What is Capitalism?
There’s a lot of misuse of the word “capitalism.” Anything that needs a qualifier—like “bailout capitalism” or “crony capitalism”—probably isn’t … Read the rest
Too Dumb to Decide?
The Truth about Money
Money is necessary to determine the difference between inputs and outputs. Paper money makes that more and more difficult to … Read the rest
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