Category: Economics

Lincoln: The Capitalist?

,

Note: Austrian economists distinguish between two types of capitalists, those who make money because they provide products that consumers want, and those who make money because they have connections in government and enjoy subsidies while their competitors are crippled. Also, there is a great controversy raging right now as to whether free market people should use the term capitalism or capitalist. I chose to use Capitalist for purely literary reasons. It would be awkward to say, “Lincoln: The Free Marketeer” or something like that. So there’s no great significance about my choice of words. So, I hope you are not…

Read More

Why College?

, ,

Over the months, I’ve read numerous articles about why young people shouldn’t go to college. One is here at Forbes, one by Gary North on the revolutionary approach of MIT, one on the sometimes worthlessness of college degrees at LewRockwell.com, The Case Against a College Education at Time.com, one at the Huffington Post…and this list could go on. I was thinking about this last night, and the mania in our country for a college education. First off, I had to wonder about the often quoted statement that those who have college degrees get better jobs. Is this across the board?…

Read More

Commentary on MSNBC Nat’l News

, ,

Some of my thoughts on the World News tonight on MSNBC: David Petraeus replaced Stan McChrystal today, less than 48 hours after McChrystal criticized the President. What to say? Neat work for the president. He “nipped it in the bud.” Nice. If someone was telling me I was wrong, I’d nip it in the bud too. I can’t say it shows the President has good leadership qualities, it seems that most anyone would have done that. Perhaps it was to revive the sagging war enthusiasm in here in the States. It hasn’t made me feel any better though. Housing numbers were…

Read More

In Bob Murphy’s Words, “Shameless Self-Promotion”

, , ,

These are some online reports or promotions of events in which I’ve participated. Bio at the Stephenson County Tea Party website and at the Monroe Times Report from Stephenson County Tea Party Speech at Rock River Times and here at the Prairie Advocate Report from Stephenson County Tea Party Speech at Austrian Economics Blog Report on Tea Party Express and Northern IL Tea Party Meeting at Rock River Times Picture at Rockford Register Star from April 15th Tea Party Promotion of Northern IL Tea Party Townhall in the Prairie Advocate (2/3 down the page) Excerpts from Interview in Vidalia, Georgia, after a…

Read More

The Road to Serfdom Course

, , ,

There are two courses that you can sign up for, both having to do with the Road to Serfdom. One of them has no registration costs, and you can take the class at your own pace. Simply observe the United States government, keep an eye on everything that they’re doing, from internet regulations, to healthcare, to oil drilling regulations, and you see see how to pave the road to serfdom, if you ever happen to become a president, king, dictator, etc… The other is $175 to register, but is taught by Tom DiLorenzo, and will talk about “Despotism, Now and…

Read More