"There are more things in Heaven and Earth, Horatio, than are dreamt of in your philosophy."
Inflation caused by increases in economic demand predicted by the law of Supply and Demand. Wikimedia Commons / SilverStar at English Wikipedia One often mentioned explanation for plunging stock markets has … Read More
“I’m here from the government, and I’m here to help!” Image Credit: FreeImages.com/Daniel Perry In the preceding post The Keynesian Excuse: Secular Stagnation, I described the Keynesian revival of the … Read More
United Nations Headquarters in New York City.Wikimedia Commons/Neptuul Links to posts relating to the interactions of nations, excluding posts primarily concerning U.S. national security. Those can be found on the … Read More
My sister-in-law has just sent us the URL of a truly amazing news video about France and the economic and social troubles it is undergoing. Click here to see it. … Read More
For a variety of reasons, the rapid meltdown of the U.S. economy we are now experiencing will likely be far worse than anything experienced in living memory. The closest example … Read More
American progressives are afflicted by a number of biases, which cause them to devalue the classical laws of economics. Nevertheless, whether they believe in those laws or not, those laws … Read More
A progressive regarding the world. Be careful what you buy from him! (c) Can Stock Photo / ezumeimages In my last essay I was only able to cover two of … Read More
Democratic Party workers watching the presidential election returns in shock on the night of November 8, 2016. Photo Credit: AP / Matt Rourke One might expect such a lurid title … Read More
Hurricane Isabel, a category 5 hurricane, seen from the International Space Station in September 2003. This deadly storm had many of the same system characteristics in the planet’s weather that … Read More
Our sad choices: Hillary Clinton and Donald Trump Photo Credits Left to Right: WikiMedia Commons/Voice of America, Wikimedia Commons/Michael Vadon On the day when Hillary Clinton and Donald Trump are … Read More
World Map of countries by per capita GDP in 2014 Image Credit: St. Louis Federal Reserve District Bank/FRED Plus or minus a few controversial states (like Taiwan, the Holy See, and Palastine), … Read More
Standard Oil stock certificate from 1896 – A share of wealth Photo Credit: Wikimedia Commons/Rjensen at English Wikipedia This is the fourth essay in a series of posts on the … Read More
The most fundamental ideological division between progressives and conservatives concerns their beliefs on the proper functions of government. What roles do we think should be given to government and what … Read More
How arrogant people are who think they understand enough about a nation’s economy that they can control it! This thought came to me while thinking about the implicit assumptions progressives make. … Read More
For all of my life the nations of Europe have been very much to the left of center. I suppose this condition is the legacy of dirigisme and socialism in France, Bismarck’s … Read More
