Category: Economics

An Economy Without Borders

I have been thinking about the issue of outsourcing, foreign labor, etc…and I don’t understand what the big deal is. Borders between countries are political, purely political and nothing more. Borders are irrelevant to our economy. The world is one huge “latticework” as Rothbard said, and it doesn’t matter if one place is called “China” and another “America.” It is all about division of labor and allocating our scarce resources, time, and labor to the most valued ends. I’m going to employ some reductio ad absurdum now… Here is what we often here people say: By buying things from other…

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Tuesday Morning

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I don’t really have time to launch into one of those subjects I keep meaning to write about. I must prepare my economic and history classes for the week. Yesterday I was working on the first lesson for my online class starting next semester. Exclusive information: If I can get this class prepared in the next few weeks, I might even do another one on American history! So for the first lesson I went back to Aristotle, Thomas Aquinas and the Scholastics. It was very interesting. I had studied Aristotle and Aquinas from a religious perspective so it was fun…

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Report on the Economic Workshop

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My initial reaction to the whole day: Wow. I’m tired. Not sleeping well the night before certainly doesn’t help. I made more mistakes today than usual, “why does a value have good? Oh, oops…I mean, why does a good have value?” but I couldn’t really help that. I don’t know about everyone else, but I certainly had fun. That was a great day! It was more enjoyable than having to cram as much as I could into 30 minutes or something like that, as when I speak at other events. I actually stayed on-time and we had plenty of time…

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No News, Really

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Perhaps it is too early in the morning…I just can’t seem to find something to write about. My mind is very focused (okay, no, I’m never very focused, how can one be on a Mac? But I’m trying pretty hard to stay concentrated) on the Economic Workshop on Saturday. Thanks to a generous friend, Jeremy Davis of Houston, I’ve been able to buy a large grease-board, markers, etc…and also I splurged and bought my own color ink cartridge. You don’t know how ridiculous this is. There is no one in Winnebago who prints color anymore. No one. Not the library. Not…

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Wednesday Report

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Sadly, there isn’t much to report…last night while playing piano I thought of some really good topic to discuss here, but of course I didn’t write it down, so I can’t remember now. Here are some odds and ends. Yesterday the girls and I had a history class. It is usually on Wednesdays, but they were begging me to do it a day early. We were talking about the writing of the Constitution. I’m eager to buy Hans Hoppe’s book, “Democracy: The God That Failed.” I don’t think the girls quite understand the fundamental shift that occurred when the Articles…

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The Free Market: Amazing

So last week I listened to a great deal of BBC radio music. I had forgotten but the reason I went with BBC over local stations was because iTunes wasn’t working and so it was very difficult to get the local stations to play on my computer. BBC has a built-in player that does all the work for you. Then yesterday I went to play an online Christian station that I listen to on Sundays, but they must have changed something because I could no longer listen to it through the website. I had to do it through iTunes…but of…

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A Little Bit of This and That

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Thanks to the Mises Institute, I ran across this fascinating website and wanted to share it. The “Seasteading Institute” is working to build communities on the ocean outside the realm of any government or country. Their logic is, since governments have claimed all the land, we must turn to the sea for freedom. It is really interesting. I’d love to try it someday. In fact, I’m tempted to sign up to be one of those 150 individuals in 5 years to try it out. I can’t express how exciting this is to me. Who would have dreamed 100 years ago…

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Register for the Economic Workshop THIS Week

If you are planning to attend the Economic Workshop on October 9th, you must register before October 2nd. Seriously. If you don’t, there will be no lunch for you, and there might not even be a workshop. I need to know by the end of this week how many people plan to attend. And a “oh, that looks interesting. I might come out to that” does not count as registration.

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So What Is Going On?

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You may have noticed the new buttons (graphics, not little round things on your clothes) on the right side of my site. While I know graphic artists who would do far better at this than I ever could, I don’t like to intrude on them all the time, so I’m slowly figuring out how to do it myself. You might be looking at all of that and thinking, “how does she find time to sleep!?” which is a correct question to ask as I am extremely busy. If you recall, I’m also doing two private classes for my special students…

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An Abolition of Overtime Taxes is Overdue, Part 2

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The reason I say none at all instead of merely a lower rate on overtime earnings is that a man can get by on 40 hours, (as is implied by the setting up and periodical increases in the minimum wage laws) and that it is only in pursuit of bettering oneself and his family, in pursuit of the American Dream that a man will work more than 40 hours. Thus if a man can sustain himself on 40 hours a week, it should follow that the government will also be able to sustain itself on the revenue it expropriates from…

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