Equilibrium is an imaginary construct that should be used only for analytical purposes. Unfortunately, mainstream economists have claimed it should represent a desired…
Category:
World News
-
-
Prominent central bankers have given conflicting statements concerning gold. What soaring gold prices might indicate is that the world is now turning to…
-
Is minarchism an antidote for the growing statism and socialism infecting our body politic? Think of it as “statism lite.”
-
Thinking clearly about the state requires us to think differently than what is typically believed. The state is not a “necessary evil,” but…
-
“…Holocaust education has begun backfiring, because it has been giving young people the wrong impression that genocide is always bad.” By Caitlin Johnstone.
-
“Data-dependent” Federal Reserve will be flying blind at its next FOMC mtg on Dec 10. It will be basing its decisions on September…
-
Crenshaw and other Republicans were on an official visit to Mexico and Crenshaw was “having drinks with a group of Mexican officials.”
-
Mainstream economics is obsessed with “maximizing” so-called utility functions and discovering the ubiquitous “social utility curve.” In this week’s Friday Philosophy, Dr. David…
-
Thinking clearly about the state requires us to think differently than what is typically believed. The state is not a “necessary evil,” but…
-
Any political figure, celebrity, professor, social or climate activist, or anyone else who calls for elimination of inhibition of this system—and the spillovers…