ZH recently laid out a multi-faceted case detailing how inequality is caused by government intervention. I believe the case is pretty strong there (much stronger than the bare assertion that the “free market – WHERE?! – is doing this), but it misses one of the basic principles of inequality that most people do know about…Details
Amanda BillyRock updates us with the second video in the series, this time on the Broken Window Fallacy of Bastiat:
If you are interested, take a trip into Rothbard’s mind, with his 10 short economics lessons. The 389223462nd way I have provided economic lessons for your enjoyment!
I would urge readers, no matter experience with arguments for and against the Federal Reserve, to read this piece, detailing how the existence of the Federal Reserve has increased the gap between rich & poor, thanks to the Cantillion Effect and Fractional Reserve Banking. The theory is expansive and has the explanatory power that the…Details
As it turns out, terrorists understand our economy better than most mainstream economists: In an audio message released on Friday, two days after the anniversary of September 11th, Ayman al-Zawahiri said America was not a “mythic power” and that it could be defeated even through small-scale strikes by “one brother or a few of the…Details
The first in many steps by which the public was robbed of the purchasing power ocurred when FDR seized all gold in the U.S., in 1933. This seizure is something all should keep in mind when investing in physical commodities. From the mouth of that incompetent Dear Leader himself, the theft that changed our money…Details