Economics has been treated very poorly over the years. It’s assumed economics can be measured. This includes: costs, prices, and … Read the rest
Tag: capitalism
Boom and Bust
Injecting more fiat money into the economy creates an artificial boom. The boom period is not good for the economy. … Read the rest
The Consumer is Supreme
Economic activity is guided by the consumers. The entrepreneur directs it, but he directs it at the orders of the … Read the rest
The House of Cards is Built on Statistics
Statism attempts to be super scientific. These sad attempts are made by viewing statistics. Statistics the state made business provide. … Read the rest
Calculation in Statism
We calculate to arrange action. No man can determine what is to be produced or how much without calculation. It … Read the rest
What is Progress?
It’s impossible to speak about progress without addressing retrogression. Just because someone says progress or progressive doesn’t mean what they … Read the rest
Minotaur
Man has a desire to create relationships in his mind. Stimulus to reward and flattery is acceptable to the human. … Read the rest
Words Have Definitions
Under statism, the means of production are owned or controlled by the state. Statists will you use various terms to … Read the rest
Monstrous Lies
The statist philosophical system is riddled with flaws and intentional flaws. Even intelligent individuals don’t escape these. These are then … Read the rest
Do Depressions Happen in Statist Economies?
It’s commonly believed that depressions don’t happen in statist economies. It’s believed that business cycles happen from the market economy. … Read the rest