The fallacy destroyed long ago still lives on strong today. Mercantilists believe one man’s gain must be another man’s loss. … Read the rest
Tag: education
The Use of Logic
Economics has been treated very poorly over the years. It’s assumed economics can be measured. This includes: costs, prices, and … Read the rest
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
Mental Coercion
The line between mental coercion and voluntary consent is blurred. The stealthy mental coercion turns man into a meek … 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