Capitalism is freedom, statism is bondage. There is serious confusion about what capitalism is. Capitalism is pure protection of property… Read the rest
Tag: fascism
The Business Cycle Explanation
The business cycle constantly reappears at attempts to reduce the natural interest rates through policy. This expands credit beyond 100 … Read the rest
Money and the Value of Money
It should be clear, nothing has value in itself, only the naïve would think this. In other words, value is … Read the rest
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