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Keynes Was Correct In 1919!

March 30, 2013

When Keynes wrote in “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 engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man […]

Your Econonomic Homework

October 22, 2014

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 past, we can always gain greater insight by reading different explanations by different writers. Even if you understand these economic concepts, this article may help […]

Must Reads For The Week 9/21/19

September 23, 2019

“The coordination of men’s activities through central planning or through voluntary cooperation are roads going in very different directions, the first to serfdom and poverty, the second to freedom and plenty.” – F. A. Hayek   ECON STUFF Negative Interest Rates Are Price We Pay For De-Civilization, by Jeff Deist, at mises.org.   Excerpt from the […]

Confusing Capitalism With Fractional Reserve Banking, by Frank Hollenbeck

August 14, 2014

Fractional reserve banking isn’t a part of a true free market capitalist system. It is intervention into the free market that Government, through the court system, has sanctioned. The Government sanctions it because it is how they fund the growth of government without the people knowing it is going on. People understand getting taxed, but […]

“Money For Nothing”, by Liberty Street Films. A Documentary Film About The Fed.

August 27, 2013

“Money For Nothing” is a documentary film about the Federal Reserve made by Liberty Films Inc. If it wasn’t for the Mises Institute, and Ron  Paul  hammering the Fed over many years, a film like this would have never been considered, let alone made. I don’t know how much truth, or what angle the documentary […]

Government Plunder Sows The Seeds Of It’s Own Destruction.

June 17, 2013

GOVERNMENT IS TOO BIG Have we finally reached the point that we can all agree that Government is too big? The latest scandals, concerning Government overreach, should be driving this point home for everyone to see no matter how politically partisan a person may be. But the republicans and the democrats have done a great […]

Let’s Take A Look At Bitcoin.

May 17, 2013

QUESTIONS ABOUT BITCOIN. Bitcoin has been in the news lately for a variety of reasons. Many people have never heard of it, some have but don’t really understand what it is, and others understand what it is and are excited about its potential to become the medium of exchange. Simply put bitcoin has evolved spontaneously […]

If You Want To See Our Future Look At Europe.

April 10, 2013

GOVERNMENT AUSTERITY Austerity is what they call it in Europe, it means to cut excess or luxury from, which refers to Government budgets. We have many names for it in the U.S., sequestration, fiscal cliff, debt ceiling, etc. The question is who decides what is considered excess. Excess like so many things in politics is […]