Category Archives: Economics 101

You Can’t Count What You Can’t See

Posted by Steven Horwitz, Guest Blogger at 4:10 PM on 02/02/10 on the NBR Blog
HT to Steve Horwitz at the Coordination Problem Blog
Over the weekend, the White House released a report indicating that the stimulus program had directly funded about 600,000 jobs and indirectly “created or saved” a total of 1.5 to 2 million jobs. [...]

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Stimulus II: A Sequel America Can’t Afford

Once again, Dan Mitchell, for the Cato Institute has done an excellent job of exposing the failures of the 1st “stimulus” plan and the threat of another. Great job Dan and thanks for sending it on to us.

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The Role of Private Property in a Free Society

By Peter Boettke, Ph.D.
“The true foundation of republican government is the equal right of every citizen in his person and property and in their management.” –Thomas Jefferson to Samuel Kercheval, 1816.
Few concepts have been more important for human survival, yet maligned as unjust by intellectuals, as the concept of private property rights. Since at least [...]

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The Real Meaning of Thanksgiving: The Triumph of Capitalism over Collectivism

Written by Richard M. Ebeling
Monday, 24 November 2008 00:00
This time of the year, whether in good economic times or bad, is when we gather with our family and friends and enjoy a Thanksgiving meal together. It marks a remembrance of those early Pilgrim Fathers who crossed the uncharted ocean from Europe to [...]

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Time for U.S. to declare bankruptcy

Scott Beaulier, and , Peter L. Boettke, Commentary: East Valley Tribune.com
November 16, 2009 - 11:47AM
The Treasury Department — whose mission has ostensibly expanded to include management of government finances, the promotion of economic growth and stability, and the provision of safety, soundness, and security in financial systems — will hit its debt ceiling [...]

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Will Transparency Disappear?

By now, Americans are beginning to get the news about how unreliable or shall I say made up, the statistics are regarding the “stimulus jobs” really are. My post yesterday, “Even Obama’s Make-Believe Jobs Are Not Real,” gratus, Dan Mitchell of the Cato Institute and The Washington Examiner, which provided an interactive map pointing [...]

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Even Obama’s Make-Believe Jobs Are Not Real

In general, I am a hopeful and optimistic person when it comes to everyday life, relationships and life’s trials. However, I have become very skeptical and cynical when it comes to politics and political leaders (of all stripes). Since George W. Bush “suspended his free-market principles” to save the free-market economy by launching [...]

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The Freeman: Ideas on Liberty

The Foundation for Economic Education (FEE) has just published its November issue of The Freeman. As our readers know, FEE is one of our favorite liberty defending educational organizations.
In this issue of The Freeman topics range from government health care, government motors, the cash for clunkers fiasco, hedge funds, the stealth expansion [...]

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Government-Managed Capitalism: A Love Story

The Acton Institute for the Study of Religion and Liberty through its Action Media division is putting out some really nice video’s regarding individual liberty and free-markets. The video “Government-Managed Capitalism: A Love Story” was recently posted and is available for viewing below. A short introductory blurb for this video put together by [...]

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Political Arrogance And Intellectual Dishonesty Captured On Video

This has to be one of the most amazing interviews I have ever seen. Congressman Pete Stark (D) CA, demonstrates why we must not entrust our liberties and future to the political leaders of government. Stark is arrogant and incompetent regarding free-markets and the concept of wealth.
He actually says that the national debt [...]

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