A common argument goes: a company needs to advertise—abracadabra—profits. Well, that’s not what is said, but that’s what it translates… Read the rest
Tag: capitalism
The Warfare State
One only needs to be relatively educated on U.S. history to see the clear trends. Liberty has now reached a … Read the rest
The Size of the Social Unit: Voting with Your Feet
An organic society will consist of many societies. In a large area, statism is only implemented by force. I … Read the rest
Natural Elite
The masses are inundated with propaganda. This begins at an early age and lasts the rest of your life. … Read the rest
The Statist Economy
Capitalism is private ownership. Socialism is government ownership. Fascism is government control. Statism is some combination of socialism and fascism. … Read the rest
Subjective Value
Value judgments express preferences of the acting individual. Action is aimed at the substitution of one state of affairs for … Read the rest
Immoral Choices
Ethics and morals are not the same. Ethics are universal. Morals are not. However, all morals must adhere to ethics. … Read the rest
The Size of the Social Unit: Time Preference
An actor prefers goods sooner than later. Every action requires some amount of time to achieve any goal. Time is … Read the rest
Left and Right
Both parties are statist parties. The terms left and right are thrown around too often. Not only are they used … Read the rest
Economic Science
Economics can have definite proof with the correct method. This doesn’t come from charts, mathematical formulas, game theory, etc. … Read the rest