The free market operates as an orderly system, where utility—defined as the satisfaction of needs and wants—is maximized when individuals … Read the rest
Category: Statism
The Permanent Revolution
A giant threat to freedom is the permanent revolution the state is waging on the individual. This permanent revolution—as … Read the rest
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
Echo Chamber
We live in an upside-down world where ridicule is considered a refutation. There’s usually an emotional appeal. Very rarely … Read the rest
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
Aesthetics: Past and Modern
The lack of beauty in modern art is deeper than one thinks. It actually makes us worse psychologically. Discipline of … Read the rest
The Modern-Day Secret Police
All totalitarian regimes need secret police. Its objective isn’t to enforce laws or find actual criminals. It exists to … 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