Category Archives: Economics
Quote of the day: Copper-coated Lead Edition
There are times for tremendous caution, and when asset prices are supported by secrecy and outright fraud the public would be well-advised to stay well away from exposure to those parts of the market that would lead to a 50% … Continue reading
Quote of the day – From the road to hell department.
“Among the earliest lessons that I teach my freshman economics students are (1) intentions are not results, and (2) to oppose a government program is not necessarily to object to the intentions stated by that program’s advocates.” —DON BOUDREAUX
Vicious Circle 24 – Economic Stupidity
Episode 24 – Economic Stupidity alan, TD, Caleb and Jason discus economic stupidity. From Government malfeasance to ignorant individuals. Don’t worry, I promise you won’t learn anything and there’s no math. Only two hours this time, but you’ll probably need … Continue reading
Who put the lunatics in charge?
As boom- and bust-prone as high finance always has been and remains, the greatest systemic risk to our economy is not Wall Street. It’s the growing federal debt (and weakening dollar) being enacted by those Washington politicians — the ones … Continue reading
Quote of the day – Who's Greedy?
And is it true that greed uniquely drives free markets? While markets are often accused of making people greedy (or of uncorking the greed that looms within us all), it’s evident to me that majoritarian democracy – certainly as much … Continue reading
Economics in one paragraph
Don Boudreaux at Cafe Hayek has a great post with a paragraph from Arthur Seldon which pretty much sums up Economics. Production takes place for consumption (derived from the Scot Adam Smith), not the other way round. Value is measured … Continue reading
Federal Reserve – Made of fail
Erik Voorhees points out that the Federal Reserve has consistently failed at its most fundamental function. the value of the dollar remained extremely stable for 150 years, the Fed was created in order to “stabilize the value of the dollar,” … Continue reading
"Health Insurance" isn't insurance
While the Democrats are desperately trying to ram Obamacare through a vote before the electorate wakes up, a lot of sloppy language is being tossed around. Words like “Uninsured” or “Health Insurance” are repeatedly misused. What most people think of … Continue reading
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Tax Oppression Index
Lower is better. That index is on a scale from 1 to 10. Freedom means a lot of different things to different people, but the right own your self and what you produce has to be at the top of … Continue reading
The Lies Behind Cap-And-Trade
Cap-and-trade has nothing to do with the climate and everything to do with expanding government power. The Competitive Enterprise Institute (CEI) has released a Global Warming study that was censored by the EPA. The report finds that EPA, by adopting … Continue reading
Posted in Economics, Obamanation, politics
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