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  • Book: The Year Money Grew on Trees

    I saw this at the library and it piqued my curiosity. No, this is not about the Fed and money printing. It's a pretty good story about a teenage boy who gets a neglected orchard up and running. It turns out to be a lot of work, but there are lessons about entrepreneurship, supply and demand, honoring contracts, figuring things out without a lot
    Posted to General (Forum) by econbuff on Sun, Jan 16 2011

  • Re: Free download of my libertarian book, Withur We!

    That's funny, I was also going to mention Hoppe, thinking of the Gaians and how that kind of goes along with the idea of needing to exclude groups that are inimical to the beliefs of the community. Of course, the Gaians are an extreme case as their goal really was to destroy the free community, and therefore were not worthy of protection, which
    Posted to General (Forum) by econbuff on Mon, Jun 7 2010

  • Re: Free download of my libertarian book, Withur We!

    This had me hooked. Like one of the Amazon reviewers said, clear your to-do list. Household chores have been neglected as much as possible to finish the book. At the point where Layla wanted prostitution banned, I started thinking about restrictive covenants. That would be an interesting theme to explore in a sequel or any other offshoot of this world
    Posted to General (Forum) by econbuff on Sun, Jun 6 2010

  • Shoring up

    Why is it that I keep hearing the U.S. has the strongest economy in the world, but that it needs shoring up? Seems like cognitive dissonance.
    Posted to econbuff (Weblog) by econbuff on Fri, Nov 21 2008

  • Excess bank reserves

    As Frank Shostak predicted in his podcast last week or so on mises.org, the banks are now holding excess reserves. The bailout package authorizes the Fed to start paying interest on bank reserves, and they have announced a plan to do so. If you look at the numbers, the banks lately have had around $40 billion in reserves, which is close to the required
    Posted to Economics Questions (Forum) by econbuff on Mon, Oct 6 2008

  • Water Markets

    This article in Forbes acknowledges that scarcity of water is leading to water markets, which will lead to more rational use of water. ...scarcity has already spawned informal water markets in parts of Texas and Mexico. The prospect of shortages has attracted a growing number of venture capital firms and investment funds to place big bets on technologies
    Posted to econbuff (Weblog) by econbuff on Wed, May 14 2008

  • Crook County

    This issue is a bit parochial, but typical of what goes on in many places. The county board of Cook County in Illinois has decided to squeeze the taxpayers further with a full percentage point sales tax increase. This will bring the tax rate in many of the Chicago suburbs to 10%. Yes, we are now tithing to our masters in Illinois. Poor Todd Stroger
    Posted to econbuff (Weblog) by econbuff on Fri, Mar 7 2008
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