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Tag Archives: Economics
Defending “Defending the Undefendable”
I wanted to write about this on the front page rather than simply in the reading list in order to draw additional attention to it. I just finished reading Defending the Undefendable by Walter Block, and I was completely amazed. … Continue reading
Consumerist: Ignorant of Basic Economics (A Defense of Payday Loans)
Consumerist always makes for some fun reading. Usually they spend their time over-hyping the most trivial (and occasionally fraudulent) customer complaints and simply vilifying corporate America for having the audacity to offer us products that we may choose to buy. … Continue reading
Planning for Failure (Latest Greek Edition) :: The Circle Bastiat
Planning for Failure (Latest Greek Edition) :: The Circle Bastiat The Circle Bastiat (the official blog of the Ludwig Von Mises Institute) draws attention an interesting phenomenon taking place in Greece. As traditional fuels become more and more difficult for … Continue reading
Posted in Blog Link
Tagged circle bastiat, coal, Economics, Environmentalism, greece, green energy, LVMI, pollution, power hungry, price controls, robert bryce, socialism
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Forbes Roundup
Is it just me, or is Forbes becoming increasingly libertarian these days? I’ve found three articles all with a pretty pro-liberty slant. In France’s Welfare Status Quo, Are We Seeing America’s Future? This article gives some pretty concrete evidence on … Continue reading
Posted in News Roundup
Tagged advertising, department of energy, Economics, food, forbes, france, junk food, roundup, Taxes, welfare
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Small Business Saturday, Big Business EVERY Day
In case you haven’t heard, today is “small business Saturday,” a day in which Americans are encouraged to buy from “small” and “local” businesses. The marketing blitz for this thing is pretty extensive. I’ve personally seen advertisements on television and … Continue reading
Posted in News Commentary
Tagged american express, big business, Capitalism, corporations, Economics, propaganda, small businesses
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The Broken Election Fallacy
Over the past week, the mainstream media has been wholly obsessed with the effects of Hurricane Sandy in the northeast, complete with the usual troop of Keynesian economists telling us that although loss of life is always tragic, this hurricane … Continue reading
Posted in News Commentary
Tagged Bob Murphy, broken window fallacy, Economics, media, natural disasters, presidential race
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Outsourcing Is Good
This excellent short video by the Cato Institute does an excellent job describing how outsourcing benefits Americans. Very relevant to the recent posts on labor markets, as well as the economic nonsense being peddled by the two Presidential candidates.
Posted in Video Link
Tagged cato institute, china, Economics, labor markets, outsourcing
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Labor Markets Aren’t Special
The laws of economics are universal. They apply to all markets, everywhere, at all times. At times, governments or other hostile forces may restrict certain markets in particular ways to cause them to be unique, but the general laws still … Continue reading
Posted in General Theory
Tagged Economics, Free Markets, labor markets, minimum wage, outsourcing, price controls, supply and demand, unemployment
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Dude, Where's My Freedom? 
ESPN President: We Know What’s Best For Our Viewers
Enough: ESPN exec wants less Tim Tebow coverage One thing I’ve always enjoyed is applying the lessons of free markets to stories that might not be considered political, philosophical, or economic at all. This story, at first glance, … Continue reading →