Hey Guys, Just wanted to tell you guys about a great new resource to educate people who don't know much about economics by just telling them to go to econtoons.com which goes to youtube playlist of many economics related cartoons to illustrate and educate on many fundamental concepts. Alex Merced
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AlexMerced
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Alex Merced
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Tue, Dec 21 2010
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Filed under: Economics, Inflation, Government, Deflation, Education, Loans, Credit, Monetary, Economists, Banks, Policy
Individualism, Creativity, and Innovation by Alex Merced Premise 1: That creativity comes from tapping into your inner child Kids say the darndest things don't they? It's this innocent nature that we admire in kids, when they are young before society begins socializing, limits, values, artificial...
In the advent of the worst financial crisis seen in decades, there is much to be learned. Many economists agree that creating false demand will eventually create a bubble and crush a market much faster than the natural economic cycle. Take for instance the student loan market. Student loans, subsidized...
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, Mr. Potter, George’s evil competitor...
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Monty Pelerin's World
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Monty Pelerin
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Thu, Dec 3 2009
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Filed under: economy, politics, financial system, Government, economics, morality, ethics, insolvency, bankruptcy, credibility, integrity, failing
A short blurb in today's (10/27/09) Wall Street Journal stated that home prices rose in most major American cities in August. This is cited as evidence of a recovering economy. But what does this mean and is it something we really want? Perhaps you've noticed that prices at the pump are going...
We tend to forget that government, politics, and economics are not the same thing. The word politics and the phrase political party don’t even occur in the U.S. Constitution or the Bill of Rights. Nor is the word economy even implied in either of these documents. In fact, George Washington, the...
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Not-a-Lemming
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FutbolGuru
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Mon, Feb 23 2009
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Filed under: capitalism, government, politics, greed, selfishness, nepotism, free market, materialism, hedonism, economics
Newsflash: Government monopoly fails. Again. As usual. On September 6 I ordered an item of apparel (a Ron Paul t-shirt) online. On the ninth it was shipped via UPS from Ohio to a warehouse in New York City, arriving on the twealth. It has not moved since. Need we really speculate about why? USPS is not...
Everything I see on Lew Rockwell's site recently reinforces a notion I have been developing. The United States is a police state already and we are moving beyond it to even greater levels of oppression. This new form I like to call a prison state. The prison state is a state where all the citizens'...