Blogs

A View from the Trenches, May 7th, 2012: "The path from asset inflation to generalized inflation"

M. Hollande has won the French presidency and fear is now widespread, that with the anti-bailout message sent by the Greek electorate, who voted this weekend too, the house of cards built by the European Central Bank may collapse. It is hard for us to...

Posted to A View from the Trenches by Martin Sibileau on Mon, May 7 2012

Big Government Libertarians?

OK, this is kind of off topic for my usual posts, I admit it. But, I have noticed lots of Big Government Libertarians. That is an oxymoron, right? Well, any semi-intelligent person would think so; however it seems not to be the case lately. Because of...

Posted to IrishOutlaw by IrishOutlaw on Wed, Nov 21 2007

Filed under: IrishOutlaw, LP, libertarian, Republican, big government, Libertarians

Corporations uber Alles: Conveniently inconsistent on "abstractions" like "the environment", Austrians overlook their preference for "corporations" over individuals,& their lack of interest in problem-solving

I have already criticized Lew Rockwell's May 5, 2010 piece, "Feel Sorry for BP?" ; and commented on a response that I received from Stephan Kinsella ; I'd like here to focus on a curious inconsistency. 1. I note that Lew Rockwell asserted...

Posted to TT's Lost in Tokyo by TokyoTom on Sun, May 16 2010

Germany will go down the drain

It's inevitable. To many here do not understand the simplest economic rule any more. On of the new "pets" (in fact dragons in disguise) is called base income payment for every german. No question about work no question who has to pay. Every...

Posted to F Dominicus Blog by Friedrich Dominicus on Fri, Jul 13 2012

Filed under: stupidityty driven to the max. I'm so fed up

Rot at the core: When will Tom Woods and other "Free Market intellectuals" have second thoughts about the state grant of limited liability to shareholders?

Tom Woods , in his recent "Another "Free Market" Intellectual Has Second Thoughts" post at the Mises Economics Blog, notes with great disappointment that Richard Posner is about to publish a book that will apparently abandon the free...

Posted to TT's Lost in Tokyo by TokyoTom on Tue, Mar 3 2009

Filed under: Block, Hayek, Huebert, limited liability, Woods, Nolan, Brown Brothers Harriman, Long, Glassman, Posner

What About The Children?

First Thoughts OK, my first thought is, “Why do people keep bringing up the children?” Even though I would have to guess that it is because they represent something to most people. So what do they represent? I think it is a deep rooted psychological problem...

Posted to IrishOutlaw by IrishOutlaw on Thu, Nov 15 2007

Filed under: IrishOutlaw, socialism, school, funding, abuse, anarchy, child, rights, children

Hysteria from McKinsey: Costs of Reducing U.S. Greenhouse Gas Emissions

McLinsey released an interesting report on November 30. Details here: http://www.mckinsey.com/clientservice/ccsi/greenhousegas.asp . The summary of the summary? " Consensus is growing among scientists, policy makers, and business leaders that concerted...

Posted to TT's Lost in Tokyo by TokyoTom on Mon, Dec 3 2007

Filed under: climate, enviros, mckinsey

Rent-seekers at the Core: Rob Bradley is anxious to defend his role at Enron, but is uninterested in balance, open debate or correcting his own misstatements about EXXON's support for carbon taxes

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Posted to TT's Lost in Tokyo by TokyoTom on Sun, May 10 2009

Filed under: property rights, Knappenberger, Rob Bradley, Exxon, MasterResource, IER, AEA, Murphy, Marlo Lewis

Limited liability & financial crisis (& BP): someone else sees the obvious "black swan" of executive/trader moral hazard after investment banks went corporate

A libertarian analysis of the corporate form, particularly the state grant of limited liability to shareholders , does not begin and end with the question of whether such a government intervention has any libertarian justification (it clearly does not...

Posted to TT's Lost in Tokyo by TokyoTom on Tue, Jun 29 2010

War-profiteering and "Parasitic Imperialism"

I posted the following in response to a piece by Glenn Greenwald: War-profiteering is simply more Treasury-raiding by elites - at our cost and our children's. An economics professor at Drake (Ismael Hossein-zadeh, an ethnic Kurd from Iran, by the...

Posted to TT's Lost in Tokyo by TokyoTom on Thu, Nov 22 2007

Filed under: state, parasitism, war, Greenwald

What Do Global Warmers Fear The Most?

Mobility for the masses, of course! Indian's Tata Motors has revealed its new $2,500 microcar, the Nano . If you're anything like Rajendra Pachauri, Al Gore's co-winner of the Nobel Peace Prize, that won't make you happy. Courtesy of MSN...

Posted to Brush Fires of Freedom by Bostwick on Sun, Jan 13 2008

Review of two economic museums

For spring break, I decided to go to Mexico again (and mind you, not to Cancun or any beach place like that), but since it was cheaper, I had to go through NYC. Anyways, I visited the Museum of American Finance in NYC (as recommended by Dr. Tucker ) and...

Posted to Musings from an Economics Student by champthom on Sat, Mar 8 2008

Filed under: mexico, currency, museum, history, financial history, inflation, tucker

Labor Economics #1 - Sticky Wages

Labor Economics #1 - Sticky Wages by Alex Merced The next few posts I'll be writing will be a series on some aspects of labor economics which will mainly center around wages and upward mobility. In this initial part of the series I'm going to...

Posted to AlexMerced by Alex Merced on Fri, Aug 13 2010

Filed under: Inflation, Keynesian, Deflation, Austrian Economics, High Wages, Stick Wages, John Maynard Keynes, Labor

Democracy is Impossible

There are many good arguements against democracy. The most standard of these arguements is primarily an ethical one: that it is unjust for a majority to be able to vote away the rights of a minority. For if democracy is defined in terms of majoritarianism...

Posted to Brainpolice by Brainpolice on Tue, Dec 4 2007

Filed under: Majoritarianism, The Calculation Problem, Democracy, Representation, Voting

Bob Murphy acknowledges that implicit carbon pricing may reflect genuine economic scarcity

In June, I made a number of comments to Bob Murphy in response to his blog post entitled, Cap and Trade Is Not a "Market Solution" ; Bob declined to respond at that time. One of my comments was that Bob (1) ... unfairly conclude that, since...

Posted to TT's Lost in Tokyo by TokyoTom on Mon, Nov 3 2008

Filed under: carbon pricing, climate change, Bob Murphy, scarcity