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Hi guys. I'm kinda sick of my country's Keynsian atmosphere so I'm going to try writing coherent rebuttals to the stuff being offered up. Case in point is our "Rice Crisis." Unfortunately, I suck at writing so I figured I'd start here with the choir before facing the wolves...
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In the midst of our economic slowdown, the U.S. Treasury Dept has issued what they are calling the "Blueprint for Financial Regulatory Reform". The highlights, as given by an article on Yahoo!'s website , are as follows: --designate the Fed as the primary regulator for market stability...
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The Paul Graham essay I linked last time didn't cut much ice, which I'm not sure I understand, but this one is great too, I recommend reading it.
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Has anyone else seen (or rather heard) the interview with Jim Rogers on today's Bloomberg.com? He said the US government is lying about us being in a recession, that there has never been a soft landing, etc. Very Austrian. He moved to Singapore and has no investments in US Dollars, has shorted all...
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I've been trying to convince a particularly bright friend of mine of the benefits of market rule in all areas, including roads and defense. Unfortunately, he seems to be hung up on the question of roads. He agrees that a system of private roads "could work" but says it couldn't be as...