Economic conditions were terrible before capitalism. The pictures from the Industrial Revolution may not look great now, but what were … Read the rest
Category: Economics
Government Insurance?
It’s impossible for the government to provide insurance. It’s misappropriating the word “insurance.” It’s just consumption. So-called insurance is paid … Read the rest
The Devouring Nature of Taxation
The nature of taxation is often overlooked. It’s just absurd to pretend that taxation adds to the national wealth. It … Read the rest
Mercantilism of our Time
Mercantilism has come back with a vengeance. Albeit, it’s under the cover of a new name. The overlords might claim … Read the rest
The Harmony of Peaceful Cooperation
Man has tried to improve his condition since the beginning of time. There may be romantic stories about plenty and … Read the rest
Uncommonness of Common Sense
The much talked about common sense is extremely uncommon. Common sense isn’t the half-baked ideas in your mind, even if … Read the rest
The New Idol Directing Production
The means of production are owned by “society.” Society owning property is impossible. The new idol has to direct production. … Read the rest
What is Socialism?
There is an enormous amount of confusion about what the term means. There aren’t multiple definitions. It’s when the means … Read the rest
Unmotivated Variables in Action
Pseudo-economists use variables in the formulas they create. This can’t be done. As Murray Rothbard pointed out, these variables are … Read the rest
The Self-Congratulators
There are a number of evil ones who need approval from their peers. They congratulate themselves and hope others do … Read the rest