Economic activity is guided by the consumers. The entrepreneur directs it, but he directs it at the orders of the … Read the rest
Tag: Statism
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
Monstrous Lies
The statist philosophical system is riddled with flaws and intentional flaws. Even intelligent individuals don’t escape these. These are then … Read the rest
Do Depressions Happen in Statist Economies?
It’s commonly believed that depressions don’t happen in statist economies. It’s believed that business cycles happen from the market economy. … Read the rest
Reputation is Critical for Long-Term Profits
A good reputation is critical to any business seeking long-term profits. Reputation is beliefs or opinions that are widespread about … Read the rest