Canada is an interesting country. We have Stephen Harper as our prime minister, who is the leader of the Conservative Party. He has been in power in six years and only now he has started to learn about cutting spending. Since 2006, he has created a budget deficit that seems like will never be paid […]
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Do people actually think Big Bird won’t exist without a subsidy?
As most people know by now, it wasn’t the weak economy, the unemployment rate, inflation or other awful policies of President Barack Obama’s administration that dominated the people’s attention in last week’s debate, but rather Sesame Street’s Big Bird. It befuddles me how hebetudinous some of the electorate really is and how indifferent they seem […]
Organized Crime: Dilorenzo’s New Book on Government
Professor Thomas Dilorenzo has another excellent book out: Organized Crime: The Unvarnished Truth About Government. It contains a series of short essays demonstrating the inherent criminality of the State in lucid example after example. Central to the book’s theme is the introduction which gives the reader an overview in understanding political economy from the Austrian […]
What Will QE3 Mean For Average Americans?
Professor Jeff Herbener sheds light on what the Fed is doing and how it will affect the average person in this video. Look out for double digit inflation in the future in addition to high unemployment. Perhaps a repeat of the 1970s stagflation but worse. Professor Herbener teaches at Tom Woods’s Liberty Classroom.
5 Predictions for the U.S. Economy and Economic Collapse in 2011
[sc name=”adsense-336×280-top”] 1) Economic collapse in America will begin when food inflation becomes a major crisis. Currently there is a serious shortage of farmers the U.S. While there has been a boom in non-productive service oriented jobs in U.S. in recent decades, very few Americans have pursued productive jobs, especially in the agricultural sector. This […]