politics

Wealth In One Lesson
originally posted: 2007-01-05 00:06:09

I'm a big fan of the classic 1946 Henry Hazlitt book Economics In One Lesson. It demonstrates time and again how nearly all departures from laissez-faire economics (aka "government intrusion and regulation of the marketplace") results in the impoverishment of the citizenry. The "one lesson" it teaches from, the "broken window fallacy", is an apt metaphor for most forms of government economic policy.

But in terms of being the "one lesson" that you should use to understand capitalism, I...

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A Thought Experiment In Morality
originally posted: 2006-11-26 03:11:15

Scenario One

A man comes to your house one day and asks for money. He has a gun, and says if you don't give him the money, he'll shoot you.

Is that moral? No, it's stealing, and it's wrong.

Scenario Two

A man comes to your house one day and asks for money. He has a gun, and says if you don't give him the money, he'll shoot you.

He says the money isn't for him; he needs the money to pay for treatment for his sick mother.

Is that...

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Trampled Liberties: The Federal Reserve Bank, And Fiat Currency
originally posted: 2006-04-23 15:03:32

Ah, finally, the bane of blog readers everywhere: American politics. I never said I would resist its siren song, never said I wouldn't blat out my opinions on this most overwrought of topics. That said, my opinions and conclusions are different from most. Does that make me an original thinker, or a marginalized crank? By all means decide that for yourself—my only hope is that you read, and think.

In point of fact, this posting is the first in a series I've been mulling...

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