Category Archives: Economics

More European Integration: The Exact Opposite of a Solution

More European Integration: The Exact Opposite of a Solution
While debtors, creditors, and economists focused on the Greek debt crisis, a report by European Commission President Jean-Claude Juncker with the heads of four other EU institutions went almost entirely unnoticed. Juncker proposes a predictably awful strategy for solving economic problems, greater centralization of power over the currency union’s economies. It recommended “quick fix” steps that could be introduced in the next two years, such as setting up a common bank deposit insurance system and promoting competitiveness, as well as longer term ideas,
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Voting Against Economics is Like Praying Against Cancer

Voting Against Economics is Like Praying Against Cancer
I remember I had an aunt once who was very sick with cancer. She had already been through one round of chemotherapy, during which the cancer had continued to spread, and so the doctors had recommended a more aggressive treatment which would have had harsher side effects. They assured my aunt that were she not to take this treatment, she would be dead in rather short order, but could provide her with no assurances that she would live any longer
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Capitalism Gets Blamed For Everything, Even Greece

Capitalism Gets Blamed For Everything, Even Greece
When a welfare state run amok borrows in perpetuity to give free stuff to citizens who aren’t paying taxes, what do you call that? When anybody who has bothered to take a single lesson in economics can tell you that this is completely unsustainable, but banks, corporations, and governments continue to lend them money on the expectation that some other government will bail them out, what do you call that? When said bailout comes, the government is compelled into austerity, and the people who
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Syriza’s Endgame: Hyperinflation of the Drachma

Syriza's Endgame: Hyperinflation of the Drachma
As American’s shake off their Independence Day hangovers, Greeks will head to the polls for a referendum that many predict will result in their exit from the Eurozone. The ballot measure, recently deemed constitutional by the top court in Greece, is on whether to accept the terms of a bailout package offered by the nation’s creditors. Without some kind of debt assistance, it is pretty universally understood that the birthplace of Western civilization will be crushed by its obligations. The
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Radical Agenda EP014 – Heroes, Villains, and The Iron Bank

Radical Agenda-EP014 - Greece vs. The Iron Bank
Jeff Deist, President of the Mises Institute, says Ross Ulbricht was no hero. A victim for sure, but a martyr? He thinks not. Personally, I’m not big on glorifying drugs or drug dealers. I don’t much care for the drug culture element of the libertarian movement. I don’t like this whole “fiscally conservative, socially liberal” image that people try to frame our ideology in. So I can in some ways sympathize with Jeff’s repulsion at the placing of Ulbricht on a pedestal.
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Anarcho-Lobbyist vs. Casino Corporatism

Anarcho Lobbyist vs. Casino Corporatism
I went to Concord on Tuesday, as I often do, hoping to speak the message of liberty to the New Hampshire legislature. One piece of legislation had caught my eye, pertaining to “video lottery and table gaming”. Upon inspection, it looked like it would relieve some of the restrictions on gambling, and that initially sounded like a great libertarian leaning policy for me to support. So I was anxious to speak before the House Ways & Means Committee about it. So far
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Keene Heroin Bust Leads to Senseless Cheerleading

Keene Heroin Bust Leads to Senseless Cheerleading
Keene, the city I today call home, is a quaint little town near the New Hampshire/Vermont border. Dominated by Democrats, it is perhaps the least free place in all of New Hampshire. While a far cry from the statist hellhole I came from in New York, the people here still wholeheartedly believe in the power of government. So perhaps I should be less than surprised that Dale Vincent at the Union Leader hailed a recent large drug bust as the “end of a
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Salon’s Edwin Lyngar: The Case for Small Tent Libertarianism

Salon's Edwin Lyngar & The Case for Small Tent Libertarianism
Every libertarian should be familiar with Salon style journalism by now. Factless left wing hysteria that makes Alex Jones look fair and balanced by comparison. Throughout their pages you’ll find little more than religious zealots hailing a deity they call the State, and warning of the devil capitalism coming to take the souls of the non-believers. A few times, I’ve had the misfortune of this madness showing up in my Google News Feed, and today I made the sorry mistake
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Walter Block Responds to Critics

Walter Block Responds to Critics
Among the list of upstanding libertarian thought leaders under attack by the depraved lunatics at Center for a Stateless Society and Students for Liberty, was Walter Block, author of Defending The Undefendable, and other books. He’s also an economics professor at Loyola University. As an economist, Walter attempts to explain phenomenons in economic terms, and since society is perpetually bombarded with leftist propaganda about “social justice” garbage based on incoherent economics, he has attempted to explain the economics behind these things. Issues like
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Against “Second Wave Libertarianism”

"Second Wave" Libertarianism aka Communism
I am exhausted. Not from writing, editing video, or doing radio. Not from relentless attacks on me and my website. Not from watching Republicans and Democrats argue over how big the next war should be. It’s not the work I do, the resistance I meet in doing it, or the stamina of my enemy that exhausts me. What saps my energy more than any hangover or day at the gym could ever hope to do, what makes me consider going back to New
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