The National Review published an article Tuesday entitled “The University Gone Feral.” It looks at the dangerous metamorphosis of the university/college system that were once beacons of idea exchanges and intellectual dialog. Now post-secondary institutions across North America are filled with cry babies, special snowflakes and those who want to quash free speech. With trigger […]
Archives for November 2015
Scary Statistic: Legalized government theft reached $4.5 billion in 2014
Criminals and burglars in the United States have nothing on authorities and attorneys these days. Between the years 1989 and 2010, the government seized approximately $12.6 billion as part of asset forfeiture cases. But it doesn’t stop there. In 2014, the government seized $4.5 billion, which represents about one-third of the entire number of assets […]
Argentine police raid central bank trading desk
Now if only the police can raid the Federal Reserve… This week, the Argentine police raided the trading desk of the nation’s central bank, according to Reuters. This comes as a prosecutor alleged that Alejandro Vanoli, the central bank president, ordered the monetary regulator to sell United States dollar reserves at a rate far below […]
Paul Krugman, Nouriel Roubini suggest Paris terrorist attacks will stimulate the economy
What’s wrong with Keynesians today? The words of former Obama Chief of Staff Rahm Emmanuel must constantly go through the mind of every Keynesian economist: “You never let a serious crisis go to waste.” This is exactly what Paul Krugman and Nouriel Roubini are doing soon after the tragic events in Paris. First, let’s take […]
Video: What if there were no prices? A railroad thought experiment
Prices are essential to the marketplace. Without prices, we would have an economy in disarray and it would pretty much resort in shortages, widespread chaos and suffering. The communists and socialists tried a system of zero pricing, but we all have seen how that has worked out. Central planners tried to determine what was needed, […]