Next time you hear Tom Friedman or some other supposed ‘sophisticate’ praising China’s enlightened, technocratic government or it’s vaunted economic wisdom, remind them of these prisons and prisoners. This is an ongoing human rights violation and a crime against humanity. Friedman once longed for the U.S. to be “China for a day” so the U.S. [...]
First things first – you don’t possess special knowledge of political philosophy, economics or sociology that makes you smarter than the rest of us. I know who the core of Occupy blah blah is – Ad Busters, an anarcho-communist activist group, so don’t bother taking the pose that I’m ignorant of your philosophy. I know, you worship Kropotkin and Proudhon, and believe they saw through this corrupt system of control we idiots call freedom and capitalism. But you see, just as all other communist/collectivist ideologies, all it’s really good for is criticism. It doesn’t possess a stitch of real world applicability.
A friend of mine recently asked me to comment on some investment advice from Robert Anorth, commented on by Jonathan Burton, at Marketwatch (here)in a recent article. I think he’s spot on in many respects, but I also took the opportunity to write down how I see our current problems and my assessment was indeed [...]
The Cut, Cap and Balance program proposed in the WSJ today is interesting, but it has a big problem.. There isn’t enough support from the American people, or the Republican party for that matter, for such a draconian move. Do you see the poll numbers on cutting individual programs? I mean, why do you think [...]
Alan Blinder, Ph.D. of Princeton, laid out the case for not cutting government spending right now due to it’s economic impact in today’s Wall Street Journal. In this article, he posits such half-truths and simplistic questions as the following: “The generic conservative view that government is “too big” in some abstract sense leads to a [...]
President’s don’t create jobs. Jobs are created as a consequence of wealth creation, so if the country begins to create more wealth, it will create more jobs. The question then becomes, how is wealth created? Go back to Econ 101 folks – but I bet most of you can’t even answer this most basic question [...]
Great “Rap” video of Keynes and Hayek!
As a libertarian, I’m convinced that most people act in their own self-interest, both individually and collectively, quite effectively without external coercion. In social science circles, this is a fundamental question which informs the various schools of governing philosophies that drive our ideological disagreements. Collectivist and big-state solutions fundamentally assume that individuals left to their [...]
Goldman announces record profits in an economy that has been crushed and now lies bleeding, half dead, gasping for breath. Setting aside the government interventions that made this possible, this would raise some eyebrows, even if they weren’t in a government protected monopoly? I mean how can they possibly have record-breaking profits in this economy? [...]
Bernanke gave a speech this morning in which he called for more regulation to prevent prevent ‘bubbles’ from occurring. He went on to say that he didn’t believe that the Fed’s monetary policies were the cause of the recent housing bubble. For those of you who have been keeping track of this, I imagine you [...]
