Both parties are statist parties. The terms left and right are thrown around too often. Not only are they used … Read the rest
Tag: fascism
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
The Size of the Social Unit: Total War
There can be no doubt that modern nation states give rise to total war. The market involves peaceful cooperation, … Read the rest
From Delusion to Destruction
Statism aims at the substitution of the rational for the irrational. If calculation were possible, we wouldn’t need overlords to … Read the rest
Monopoly
It’s difficult to decide what is the most misunderstood concept of economics. Almost all of them are misunderstood or misused, … Read the rest
Private or Public
A government is a territorial monopolist of taxation and legislation. The only way they can increase revenue is to increase … Read the rest
The Market
The market, non-coercive that is, is the social system of division of labor. The coercive market is anti-social. There … Read the rest
Business Cycle
Just as important as saying what the business cycle is, saying what it is not. It is not something determined … Read the rest
The Size of the Social Unit: Statism
Statism aims at destroying property. This means the state owns the means of production; or the state controls production and … Read the rest
Explaining The Fed with a Hammer
Money is a dominant force in the economy. It is a medium of exchange and solves the double coincidence of … Read the rest