Economics

socialist

Socialist Democracy: The Truth About Nordic Socialism

Socialist Democrat. That title rings loudly today, and everyone in America knows the word. Unfortunately, not everyone has a real idea of...
deflation

Deflation: The Cure to the Economic Crisis of Government

"Estimates say that as much as 98% of the value of the US Dollar has disappeared since the Federal Reserve claimed a monopoly power over currency in the United States. The only reason the Dollar has not collapsed already is due to legal tender laws, which requires businesses to deal in US Dollars within the US."
facebook

Facebook Stock Goes Poof?!? Report Leads To Massive Loss

Facebook stock recently suffered the biggest single day blow it has seen since the company went public. Wednesday the company was valued at approx...

Modern Monetary Theory (MMT): Who Cares If You’re Right, When It’s All Wrong?

"Just because Warren Mosler says that the United States doesn’t have to worry about being insolvent, doesn’t mean I’m buying it. The United States has a *really* big military, and it’s for that reason fear and intimidation acts as a blanket of confidence, propping up the value of the United States dollar."
segregation

The Free Market: The Enemy of Racists

In a market setting, racists who arbitrarily discriminate are forced to pay for that decision. If an employer refuses to hire anyone of a...

Think Economics – Part 2 – Currency

Currency, it’s the lifeblood of the economy, and it’s the primary tool of control for the U.S. Government. Currency is something you’re likely often...

Think Economics – Part 1 – Interest Rates

Interest Rates What are interest rates? Lenders sell money in the form of loans. When they do this, there is a charge for this money,...

Dude, what happened to Venezuela?

The economic issue with Venezuela comes from a recession gap. If you’re not familiar with the term, it’s caused when there’s a gap between...

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capitalism

Capitalism: Why It Is The Better Choice

An argument can be made that the history of capitalism is coated in a layer of blood and shame. It's impossible to deny. It's...
ideology worked before

Bad Arguments Vol. 13 – “That Ideology Worked Before”

Find yourself arguing in favor of liberty, economics and any other political issues popular in current discourse? Well, bad news. You’re doing it wrong....
minarchists and anarchists

Minarchists And Anarchists: Are They On The Same Path?

A common libertarian understanding of the debate between minarchists and anarchists is to view it as a sliding scale. E.g. minarchism is far less...