The Daily ShowGet More: Daily Show Full Episodes,Political Humor & Satire Blog,The Daily Show on Facebook Briefly, veeeeeery briefly (I have a one-week old in my arms), the bad economics behind this decision. When the government decides to give a one-time bailout/loan to a business that is operating in the red, it will inevitably end…
DetailsWhen philosophizing about the world, it is very important to define your terms. One term that is constantly misused is “capitalism.” Michael Moore, for example, in Capitalism: A Love Story, rants for an entire movie against the banking industry and profit motive in general, all under the broad term “capitalism.” The problem is that Moore…
DetailsRecently, it has been said that Republicans are extreme for not wanting to raise the debt ceiling and put the country further into debt. It has been said that small-government proponents are extreme for not wanting a regulatory state, TSA that sticks its hands in your pants, a welfare state that furthers dependence, or an…
DetailsOn Uncertainty:
Behold, Peter Schiff: It will also add $1 trillion to the government’s costs. The state misses many rules of natural economics when it tries to create jobs, such as scarcity and finiteness. See Bastiat’s works in my “Meet Me Halfway” to learn more about what government jobs are. In the meantime, a [repeat] study recently…
Detailsby its own standards, even… Santelli is right on in this video, even though Friedman really got him by saying his idea was idiotic. A recent Forbes article explains why: For starters, let’s be clear on what a Ponzi scheme is. Say you’re in a scheming kind of mood and looking to get rich off…
Details