Economics

observations and prescriptions

Observations vs. Prescriptions

"Just because the observations are correct does not mean that the prescriptions will automatically be correct as well. It’s the difference between the facts and the arguments," writes Killian Hobbs in this week's Bad Arguments
valve

Valve Vs. Epic Games: When Tech Giants Fight

"Either way, its good to finally see some big moves towards some actual competition for Valve and their Steam storefront. They've been becoming stagnant in recent years by allowing very poor quality games into their store as well as dragging their feet by developing a much-needed interface update for their storefront." Writes Malcolm Ault.
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...
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...

Why Bitcoin Hodlers Shouldn’t Care About Facebook Coin

Peter Schiff took to twitter the other day to blast Bitcoin yet again. This is hardly new for the Gold Evangelist, as Schiff has...
Nazism

Nazism Was Socialism

"Socialism can only reach its stated goals through evolving into totalitarianism. It will look drastically different than what the goodwill socialist envisions. It will be closed-minded and nationalistic."
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."
comic

Comic Economics Part 2: History Of The Comic Book Shop

There has been an ever vast growing debate on when and where the first comic book shop opened up. I am not here to...

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...
Keynes keynesian

Keynes Was Not a Socialist

"Neither Democrats nor Republicans are immune from utilizing Keynes' backwards approaches to the economy."

Latest articles

Chinese

The Economics of Chinese Influence

Recently there have been a number of controversies in the business sector regarding Chinese influence on US corporations. Though the Chinese influence on markets...
Copland

Copland, the Libertarian

"Later in Copland’s life, he shifted from communism to liberalism. For minimalizing oppression from the common man, he was getting warmer, but he could have shifted even further toward even less oppression."
communism

What They Still Get Wrong About Communism

"Communism and socialism require a massive state with coercion to achieve it's ideal of the state "withering away", but it is inconvenient for modern leftists to acknowledge that their ideas initially need to be forced to be implemented… and even when that happens, they miserably fail."