EDITORIAL
Showing 4551 - 2 of 2
February 05, 2014
Supply-side economics is an innovation in macroeconomic theory and policy. It rose to prominence in congressional policy discussions in the late 1970s in response to worsening Phillips curve trade-offs between inflation and unemployment. The postwar Keynesian d ...
February 04, 2014
Again, we are exposed to debt limit warnings. In truth, the US Treasury Department along with the Federal Reserve can print as much money as necessary to stave off a default. Of course, inevitably this would result in price inflation, but the endless arguments ...
February 04, 2014
Once more the Dow has plunged, this time some 300 points amidst another global selloff. But let us grapple with the reality of these numbers. In some ways they mean little or nothing. REAL numbers are a good deal worse than the phony stats trotted out every qua ...
February 04, 2014
President Obama's State of the Union address on the night of January 28, 2014 was all about "micro-management." It was micro-management at one level since he realizes that a divided Congress will not pass any "grand" legislation that he might try to submit. Thu ...
February 03, 2014
This Reuters article (somewhat surprisingly) makes a good point about central banking policy ... that lying is part of necessary bank policy. It also makes a point we've been making for months now: While a good deal of discussion will focus on "tapering" and ot ...
February 03, 2014
The galloping censorship of the UK media continues apace. It wasn't enough to block pornographic sites (which turned out to be a blockage of various politically incorrect websites); now the British establishment is taking aim at journalists directly. Of course, ...
February 03, 2014
Appearing last week before the Senate Intelligence Committee, Director of National Intelligence James Clapper testified that he could not say the threat from al-Qaeda is any less today than it was ten years ago. It was a shocking admission. Does he mean that th ...
February 02, 2014
Emerging markets can involve public markets. But there are other ways of investing in these markets including private placements and private investing generally. These are fringe investments with the capacity for significant rewards but also large risks. ... Ch ...
February 01, 2014
Is the Green marketplace foundering? It would not be surprising. This happened in the 1970s when the first wave of solar panels and wind turbines were securitized and the "alternative energy" industry was in large part created. Recalling the 1970s, we've been c ...
January 31, 2014
The editors of The Economist magazine gazed upon Barack Obama's state of the union message and decided it was good. The reason it was good is because the US president gave indications that he would try to "get more done" over the next year or two than previousl ...
January 31, 2014
Markets travel up on a wall of worry and there is plenty to worry about when it comes to Western – and BRICs – economies. This UK Telegraph article makes the case that the world's economy is on a deflationary bubble – one that could burst shortly. We tend ...
January 30, 2014
So now we finally come to the nub of what forward guidance REALLY is, thanks to this illuminating UK Telegraph article. Millions of words have been written about forward guidance, explaining that it was offered as a way of making Western central banks more res ...
January 30, 2014
This is a typical meme expression of the mainstream media regarding what we call the "Internet Reformation." We've tracked this meme on and off for well over a decade and can say emphatically that as each freedom-oriented advance occurred, various weary justifi ...
January 30, 2014
Jury nullification means a juror can nullify a law if he believes the law or its application is unjust. He can do so by refusing to convict a defendant despite instructions to do so from a judge. In short, the juror sits in judgment on the defendant and the law ...
January 29, 2014
Again we see our Wall Street Party meme buttressed. Does anyone believe that the puppet government of Iraq does anything without checking with the United States? This begs credulity. We're supposed to believe the idea of opening the oil taps is totally an Iraqi ...
January 29, 2014
If we can do one thing in this life, it would be to expose the economic gobbledygook behind the resurgence of "public banking" economics once and for all. Ellen Brown is seemingly a kind person – an engaging individual, erudite and obviously well meaning in m ...
January 29, 2014
America's most prominent modern liberal legal theorist was Professor Ronald Dworkin, professor of Jurisprudence at University College London and the New York University School of Law until his death in 2013. His books, Taking Rights Seriously, Law's Empire and ...
January 29, 2014
The economy has been debilitated by the offshoring of middle class jobs for the benefit of corporate profits and by the Federal Reserve's policy of Quantitative Easing in order to support a few oversized banks that the government protects from market discipline ...
January 28, 2014
As what we call the Internet Reformation expands in terms of its impact, the rationale for many kinds of Western law enforcement diminishes. This bitcoin arrest is a case in point. Charlie Shrem was arrested for facilitating the sale of drugs but there is no ev ...
January 28, 2014
On Saturday, Tony Blair – former UK Prime Minister – wrote an extraordinary editorial that appeared in the UK Guardian and argued that religious extremism is the globe's main source of conflict. In our analysis here we've utilized the text of a follow-up ar ...
January 28, 2014
On the evening of January 28th, President Obama will deliver his State of the Union Address. No doubt he will present an agenda of increased political paternalism, with a focus on policies to "remedy" supposed economic inequality through government spending and ...
January 27, 2014
Daily Bell: David Cameron has been dismissive of UKIP. Is he right to be or wrong? Nigel Farage: He may be being dismissive but he is doing his best to copy us! Even our energy policy, in support of fracking, has now been aped by the Conservative Party. From Sy ...
January 27, 2014
The government wants you to know that if you try to take out too much cash, there will be trouble. And you thought banking regulations were there for your benefit! Now you understand the truth. These banking regulations can be used to send powerful messages. In ...
January 27, 2014
The New York Times, whistling past the financial graveyard, paused over the weekend to smear the Mises Institute, Ron Paul, our other scholars, hardcore libertarianism, and me. Why? Because our ideas and our youth movement are gaining real traction. It is in ef ...
January 27, 2014
National School Choice week takes place from January 26 to February 1, and during this week education freedom activists around the country will be participating in events highlighting the need for parental control of education. I wholeheartedly endorse National ...
January 26, 2014
Tibor Machan: Ethical behavior or conduct is whatever accords with principles that people ought to follow, identified within the most sensible, rational school of morality or ethics. So, for instance, being honest or prudent, or generous or courageous would all ...
January 25, 2014
Britain's political and industrial elites have bound Britain to the EU – though not the euro, thank goodness – via exaggeration, denial and outright untruths. Cameron is continuing this horrible tradition – as we can see from his latest speech at Davos (s ...
January 24, 2014
Why on Earth would The Economist, among China's biggest cheerleaders, become a boo-bird? We'll answer, but first let us point out that this Economist article – "leader" – is predated by numerous articles that we have written over the past years. These artic ...
January 24, 2014
This article, written by Mark Leonard, co-founder and director of the European Council on Foreign Relations, seems to explain – if you read between the lines – what is really going on in the Middle East and environs. The conclusion is as follows: The politi ...
January 23, 2014
You can tell certain memes are failing when elite bagmen begin to broadcast their doubts. From this article, we determine that even top elites are beginning to worry about upcoming EU difficulties. Axel Weber says what is not to be spoken, for instance, though ...
January 23, 2014
David John Marotta is not afraid to say what most of the mainstream media will not whisper: That the US is in a depression not a recession. What else would you call nearly 40 percent of adults unemployed? And if these are the statistics, then what are the YOUTH ...
January 23, 2014
The discussion of how the free market would provide security from aggression by criminals or an invading group has deep and venerable roots. The Belgian-born classical liberal, Gustave de Molinari (1819-1912), respected the free market so deeply that colleagues ...
January 22, 2014
When did IMF utterances start to command the front page? These unelected and for the most part faceless bureaucrats have just decided the world will be in a lot better shape in 2014. We don't believe it for a minute. Starvation is not going away and neither is ...
January 22, 2014
Sometimes we meme-watchers get lucky. We find an article that can only be described as an exquisitely calibrated elite promotion. This is one such. Everything about this article creates a pastiche of misleading information that would give one the impression tha ...
January 22, 2014
In 1973 I edited The Libertarian Alternative*, published by the obscure but up and coming firm Nelson Hall. The book contained a wide selection of essays from the likes of Murray Rothbard, Nathaniel Branden, John Hospers, et al. Back then I didn't keep track of ...
January 21, 2014
Reading this article, we realized how the ol' switcheroo could take place that would shove Obamacare into a kind of "single payer" mode. It's not so hard to project – and it could happen sooner than any of us think, apparently. Of course, such analysis could ...
January 21, 2014
We take our cue from Reddit.com on this one. We sometimes read Reddit despite the often irritatingly socialist tone of its commentators. In this case, we've noticed that numerous articles on the growing trend toward marijuana decriminalization are accompanied b ...
January 21, 2014
Fifty years separate us, now, from 1964 and the beginning of two of the most momentous events of Lyndon Johnson's presidency: The declaring of war on America's supposed domestic ills in the form of the "Great Society" programs, and the aggressive military inter ...
January 20, 2014
Long ago, we figured out that a lot of opinion polling simply provided promotional feedback. In other words, the elites that launch dominant social themes into the world compulsively poll to find out if their propaganda is successful. In the case of global warm ...
January 20, 2014
In the other article in this issue we discuss global warming and the idea that maybe the top elites are taking a kind of "step back" when it comes to that promotion. Global warming simply isn't going well, from a warmist standpoint, and we wonder if the meme of ...
January 20, 2014
We know about the transformation of the American police, with their paramilitary equipment, their SWAT team raids, and incentive to terrorize people over drug offenses rather than pursue crimes against person and property. We know about the National Security Ag ...
January 20, 2014
Supporters of warfare, welfare and Wonder Woman cheered last week as Congress passed a one trillion dollar "omnibus" appropriation bill. This legislation funds the operations of government for the remainder of the fiscal year. Wonder Woman fans can cheer that b ...
January 19, 2014
I think Obamacare is doing exactly what we free-market advocates predicted, that there were bound to be numerous problems. I think the website rollout problems are actually the least of the problems because they are potentially fixable. You can fix a website. W ...
January 18, 2014
Looks like we interviewed Seth Daniels at just the right time. Since his comments on Austrian economics and the coming Canadian real estate bust, several other articles have come out making similar and even more emphatic points. Below, I'll present some of them ...
January 18, 2014
The deregulation of the financial system during the Clinton and George W. Bush regimes had the predictable result: financial concentration and reckless behavior. A handful of banks grew so large that financial authorities declared them "too big to fail." Remove ...
January 17, 2014
This article comes right out and expresses the position that what Madoff did illegally is similar to what Wall Street – specifically the hedge fund portion of it – does every day. While this point has often been made in the alternative media, to see it plai ...
January 17, 2014
This is a fairly obvious dominant social theme – that the freedom of the press in the West is unparalleled and even welcomed in the halls of power. In fact, what we call the Internet Reformation has shown us exactly the opposite. Throughout the West, the vaun ...
January 16, 2014
We don't believe WikiLeaks to be the purveyor of information that the mainstream media and elites are trying to cover up. We believe WikiLeaks is likely in the "limited hangout" business. That is, it's been put in place by the same globalist community that has ...
January 16, 2014
From the standpoint of a dominant social theme, there are a few ways of analyzing this move by the Democrats. First, and most simply, one can take it at face value. Democrats, the natural constituency in the US for the warmist meme, are distressed that it is no ...
January 16, 2014
I have spent the week sumo wrestling with a meme; that is, with a cultural assumption that grows almost by osmosis. The meme: Men are the perpetrators of domestic violence; women are the victims. The truth: Men and women commit DV at about the same rate. The re ...
