Understanding the difference between real growth and quasi-growth is essential for any society that hopes to thrive. Confusing the two … Read the rest
Tag: 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
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