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Is The Economy; Growing, Shrinking, Or Exactly Where It Should Be?
Is the economy growing, or shrinking? Looking for answers to this question by listening to political rhetoric won’t help you find the answer. Politicians will always state the opposite of what their...
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Producing Capital Goods, Requires Restricting Present Consumption
Understanding the role capital goods play in an economy is important, but understanding the process of producing capital goods is more important. Using capital goods allows individuals to become more...
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Why Has Classical Capitalism Devolved Into Crony-Capitalism, by Charles Hugh...
In this article, Why Has Classical Capitalism Devolved Into Crony-Capitalism, Charles Hugh Smith, (oftowminds.com) makes the point that the Elites, consisting of ; people in Government and central...
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Federal Reserve Policies Cause Booms And Busts, by Richard M. Ebeling
Federal Reserve Policies Cause Booms And Busts (read here at mises.org), is a fantastic article by Richard M. Ebeling, explaining what happens when central banks, like the Fed, intervene in the...
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Your Econonomic Homework
I like reading economic articles by Richard Ebeling. He explains abstract economic concepts in ways that are understandable for regular people. Although we have written about these concepts in the...
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The Fed Has Proved The Lefts “Trickle Down Straw Man” Doesn’t Work.
The left always comes up with words or phrases that ridicule the ideas and/or policies of their opponents with the intent of stopping any intelligent debate about the merits. In the 80’s, the policy of...
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INFOGRAPHIC: Keynesian Economics vs. Austrian Economics:
This infographic is from The Austrian Insider (click here). It gives a short outline of the differences between Keynesian Economics and Austrian Economics. I’ve previously posted these two rap videos...
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Printing Money Doesn’t Equal More Savings
In this article titled, You Can’t Create More Savings By Printing More Money, Frank Shostak (mises.org) shows us that what you produce is actually what you can consume or exchange for something that...
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The Essential HAYEK.
The Frasier Institute has come up with a project called Essential Hayek (here). It consists of a book, a website, and videos, that explain F.A. Hayeks ideas on liberty and economics in simple...
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‘CAR WARS’ Return Of The Jitneys
UBER vs. THE TAXI CARTEL The battle between upstart competitor Uber and the monopoly held by the taxi cartel isn’t anything new. Around 1915, owner operated taxi services called ‘jitneys’, fought this...
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0% Interest Rate x Eight Years = The Fed’s ZIRP Doesn’t Work
High above us in its ivory tower the Fed claims the ability to see what lies over the horizon, allowing it to dial-up just the right interest rate to steer our economy to a safe harbor. For eight...
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Interest Rates Set By The Market vs. Interest Rates Set By The Fed
The Fed has kept interest rates at near zero since the 08 economic crash. For the last year the Fed has floated the trial balloon that they would raise interest rates this September by a mere quarter...
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How Money Disappears In A Fractional-Reserve Money System. By Frank Shostak
In this article from mises.org titled How Money Disappears In A Fractional-Reserve Money System, Frank Shostak does his usual brilliant job in explaining complex concepts. He covers the difference...
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The Federal Reserve’s Money Laundering Scheme
John Maynard Keynes from “The Economic Consequences of the Peace”, 1919; “There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process...
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Here Is Some Econ. Homework
When knowledge is allowed to flow unhampered through the market, mainly through the price system, it works to coordinate all activities as optimally as possible. But when Government interventions...
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Some Econ Homework
How You Don’t Cure Poverty, by Henry Hazlitt, at mises.org. Here are some excerpts from the article: “From the beginning of history sincere reformers as well as demagogues have sought to abolish or at...
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The Greatest Economic Myths by Jeff Deist
Jeff Deist of the Mises Institute gives a 20 minute talk about the myth that we can consume before we produce. He slams the central state for spending, and central banks for electronically printing...
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Some Econ. Homework
The Fed Has Whiffed Again: Massive Monetary Stimulus Has Not Helped Labor, by David Stockman, at davidstockmanscontracorner.com. The Feds injection of 4 Trillion electronically printed dollars into...
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Some Econ Homework
Government Medical “Insurance“, by Murray Rothbard, at misesca. This article, written in the 90’s, tells why prices go up when third-party payers step in between demanders and suppliers. Government...
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Danielle DiMartino Booth: “The Fed Has Crippled Our Middle Class. Completely...
Danielle DiMartino Booth was a Dallas Fed Staffer. Her knew book – Fed Up: An Insider’s Take On Why The Federal Reserve Is Bad For America”, gives incite into the incestuous intellectual relationship...
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