AUSTRIAN ECONOMICS ADDICT

NYT Flashback: “If Donald Trump Targets Journalists, Thank Obama”, at zerohedge.com. Just as Obama set the stage for the executive actions by the next President. He also set a precedent for how to treat the press. The press didn’t worry about the use of executive power by Obama because they shared his world view. The press doesn’t like Trumps use of executive power because his world view doesn’t align with theirs. Here is an example of DOJ abuse of power under Obama.  Sharyl Attkisson computer hacked by DOJ . 

An Uber-Like Service Might Help escape Britain’s Socialist Health System, by George Pickering, at mises.org. The long wait times by patients in the British government healthcare system has produced a situation that allows new technologies to be used to see doctors sooner. In a socialist economic system, waiting lines are how scarce resources are rationed. But the passage of time allowed something new to come into existence that shortens the waiting (rationing) lines.

Criminalizing Childhood: School Safety Measures Aren’t Making Students Any Safer, at zerohedge.com. Excerpt from the article: “From the moment a child enters public schools to the moment he or she graduates, they will be exposed to a steady diet of draconian zero tolerance policies that criminalize childish behavior, overreaching anti-bullying statutes that criminalize speech, school resource officers (police) tasked with disciplining and/or arresting so-called “disorderly” students, standardized testing that emphasizes rote answers over critical thinking, politically correct mindsets that teach young people to censor themselves and those around them, and extensive biometric and surveillance systems that, coupled with the rest, acclimate young people to a world in which they have no freedom of thought, speech or movement.”

Camile Paglia On The Indispensability Of Men, Who Do The Dangerous, Dirty Work That Makes Our Economy Possible, by Mark J. Perry, at carpediemblog. Here is an excerpt from Camile Paglia’s article titled: “It’s a Man’s World, and It Always Will Be” (subtitled: The modern economy is a male epic, in which women have found a productive role — but women were not its author):”

“Men are absolutely indispensable right now, invisible as it is to most feminists, who seem blind to the infrastructure that makes their own work lives possible. It is overwhelmingly men who do the dirty, dangerous work………Every day along the Delaware River in Philadelphia, one can watch the passage of vast oil tankers and towering cargo ships arriving from all over the world. These stately colossi are loaded, steered and off-loaded by men. The modern economy, with its vast production and distribution network, is a male epic, in which women have found a productive role – but women were not its author. Surely, modern women are strong enough now to give credit where credit is due!”

Milking Taxpayers, by Dan Mitchell, at danieljmitchell.wordpress.com. Consumers and taxpayers are the ones who pay the cost of Government subsidies for the dairy industry.

Richard Epstein On The Intellectual Poverty And Intellectual Self-Denial Of The ‘New Socialists’ by Mark J. Perry, at carpediemblog. Excerpt from the article by Richard Epstein: “The New Socialists try of course to distance themselves from the glaring failures of the Old Socialists, who suffered from two incurable vices. First, they ran the economies of such places as Cuba, Venezuela, the Soviet Union, and virtually all of Eastern Europe into the ground. Second they turned these states into one-party dictatorships governed by police brutality, forced imprisonment for political offenses, and other human rights abuses………The New Socialists in the United States live in a world of intellectual self-denial. They think that they can control the distribution of all the good things in life without undermining the economic and social institutions needed for the creation of that wealth in the first place.”

Stealing By Government, by Dan Mitchell, at danieljmitchell.wordpress.com. Civil asset forfeiture is theft of private property by the state without due process.

FEDERAL RESERVE MISCHIEF

Central Banks Enrich A Select Few At The Expense Of Many, by Thorsten Polleit, at mises.org. Central Banks were created for the purpose of growing Government. Governments can only tax so much out of the private economy before people revolt. Printing money is a stealthier way for governments to procure funds for expansion.

The Fed’s QE Unwind Hits $250 Billion, at zerohedge.com. This slow unwind is hiding the theft that took place by the previous inflation of the money supply.

Can Deflation Fix The Damage Done By Inflation?, by Frank Shostak, at mises.org. This is a must read of the must reads. When the Fed lowers interest rates, below what they would be in a free market, and increases the money supply (counterfeits money), it starts the economy down the road of wasting scarce resources. Here is an excerpt from the article: “It is argued that because we do not exactly know the state of the economy at any point in time, it is quite possible that the central bank’s loose stance could be excessively loose which may result in a so-called overheating. This means that the loose policy will push the economy strongly above the trajectory of a stable non-inflationary growth.”

“Conversely, a tighter stance could be excessively tight thereby risking to plunge the economy below the trajectory of stable non-inflationary economic growth — a severe economic slump.”

“The view that the economy could be seen as a space ship is a misleading metaphor, since the economy is about human beings that use their means to achieve various goals. Given that economy is about human beings, no central authority can replace the free unhampered market that enables individuals achieving their goals in their best possible way.”

SATIRE OR REAL?

Which of these really happened?

Kavanaugh Accused Of Being ‘Too Judgemental’ To Be Effective Judge, at babylonbee.com.

Democrats Demand Kavanaugh Submit To DNA Test To Prove He’s Not Actually Hitler, at babylonbee.com.

PETA Finally Frees Animal Crackers From Their Cages, at barstoolsports.com.

It’s the PETA article. There must not be much real animal abuse going on if PETA put time into freeing these cookie animals from their cages. I was worried that the poor Zebra was going to get eaten by the Lion because a cage no longer separates them. Until I remembered that, cage or no cage, all these animals are going to get eaten by me.

CARTOONS

This entry was posted on September 11, 2018 at 12:15 am and is filed under Must Reads For The Week. You can subscribe via RSS 2.0 feed to this post's comments.

Tags: British Healthcare System, Camile Paglia, Cartoons from therightreason.net, Criminalizing Childhood, Dairy Subsidies, Deflation, Dentral Banks Enrich The Few, Government Theft, Inflation damage, Kavanaugh Accused Of Being Too Judgemental, Kavanaugh Hearings, Men Do The Dangerous Work, Men Indispensable For Economy, New Socialism Is Old Socialism, PETA Frees Animal Crackers From Cages, Richard Epstein, Safety Measures Aren't Safe, The Feds QE Unwind, Uber for Healthcare