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Economics, Finance and Politics Through The Prism of Classical Liberalism

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Government as the Titanic
Government as the Titanic By Monty Pelerin , posted March 18th, 2010 http://www.economicnoise.com/2010/03/18/government-as-the-titanic/ Titanic The great ship Titanic was thought unsinkable. So too is the great ship of government. The latter belief is...
Government is 79% of the Economy
Government is 79% of the Economy By Monty Pelerin , posted March 13th, 2010 http://www.economicnoise.com/2010/03/13/government-is-79-of-the-economy/ Leviathan Being Destroyed Government is 79% of the Economy Welcome to the world of dysfunctional, bloated...
State University vs. Private University
State University vs. Private University By Monty Pelerin , posted March 10th, 2010 http://www.economicnoise.com/2010/03/10/state-university-vs-private-university/ I don’t have the data, but perhaps some readers might. I have often speculated that...
2010 will be a watershed election
By Monty Pelerin , posted February 27th, 2010 http://www.economicnoise.com/2010/02/27/2010-will-be-a-watershed-election/ The following appeared on American Thinker today. An expanded article dealing with the same topic will soon be posted at Monty Pelerin’s...
Fannie and Freddie, Not Financial Sector to Blame
Fannie and Freddie, Not Financial Sector to Blame By Monty Pelerin , posted January 3rd, 2010 http://www.economicnoise.com/2010/01/03/fannie-and-freddie-not-financial-sector-to-blame/ Corruption, Ineptness and Duplicity — The Description of Washington...
Your Grandchildren's Future
Welcome the future. If you have any questions regarding how current economic and social policies will work, look at the following video. While this one focuses on Detroit, other cities could have been the setting. Perhaps none quite as dramatic, but wait...
Self Aggrandizement Is Not Public Service
Self Aggrandizement Is Not Public Service By Monty Pelerin , posted December 17th, 2009 http://www.economicnoise.com/2009/12/17/self-aggrandizement-is-not-public-service/ The author of this email is unknown. At first blush, the recommended reforms are...
Our Government? No, All Governments
Our Government? No, All Governments By Monty Pelerin , posted December 13th, 2009 http://www.economicnoise.com/2009/12/13/our-government-no-all-governments/ Frederic Bastiat has been referenced before on this site. His understanding of political economy...
Economic Summit Insult to the Intelligence of Citizens or Revelation of Obama’s
By Monty Pelerin , posted December 4th, 2009 http://www.economicnoise.com/2009/12/04/economic-summit-insult-to-the-intelligence-of-citizens-or-revelation-of-obamas/ Any Econ 101 student would flunk the course if he showed the aptitude of this Administration...
Jimmy Stewart Wouldn’t Run These Banks
By Monty Pelerin , posted December 3rd, 2009 http://www.economicnoise.com/2009/12/03/jimmy-stewart-wouldnt-run-these-banks/ Frank Capra’s George Bailey of Bailey Savings and Loan would surely not recognize our banking system or its accounting. However...
Stansberry: Bankruptcy of the US is Now Certain
Stansberry: Bankruptcy of the US is Now Certain By Monty Pelerin , posted November 30th, 2009 http://www.economicnoise.com/2009/11/30/stansberry-bankruptcy-of-the-us-is-now-certain/ This article concludes, as did my recent post Spiraling to Bankruptcy...
Spiraling To Bankruptcy
If the Government confiscated everything, the social programs would still be $50 trillion short and the Government would still be bankrupt. Furthermore, no company or individual would be left with anything. The economy is in bad shape. Some say it is...
Disgraced Spitzer Attacks Disgraced Geithner
Although this story doesn’t quite qualify for “No honor amongst thieves,” it does say something about Geithner. I suspect he will be thrown under the bus shortly, perhaps also with Bernanke. Bernanke is more difficult because of the...
Does Experience Matter
Does Obama Administration Have Less Business Experience? | Share | (no tags) Yesterday 1:55 PM | pk | Paul Kedrosky’s Infectious Greed Does the Obama Administration have less business experience? According to some semi-whimsical (I think) research...
Enron was an Ethical Angel compared to our Government
Fannie Mae reports third quarter loss of $18.9 billion and requests another $15 billion in taxpayer funds. Another government enterprise comes back to the well for more, with no end in sight. Bloomberg has a summary of the results here . FNM was the organization...
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