“Nevertheless, the Keynesian economists have staged a political comeback during the Obama administration.” ~Thomas Sowell So what were the results of Obama’s Keynesianism? If we can understand why we have such deficits & an enormous national debt, we can stop our teachers from polluting our kids’ minds with this awful teaching and vote in politicians […]
“Hayek taught his classes, wrote his papers, and debated the English academics, but he couldn’t cut through their economic and political confusion about fascism and communism. His concerns led to his most well-received book, The Road to Serfdom, where he tried to enlighten them about this foundational truth: fascism and communism are both socialism and […]
Recently, during a mini-Twitter war with a John Maynard Keynes enthusiast, this fellow sent me a link to an article on “Monetary Sovereignty.” You may already know where this is going. Don’t you know that “deficits don’t matter!” The article’s main theme was that we must run budget deficits or we’ll have a recession! Monetary […]
Have you read the Democratic Socialists of America’s Website? Have you read the Communist Manifesto? Karl Marx starkly assessed the world around him, writing with an acid pen. Bernie Sanders similarly demonizes others with acidity too, but he mixes sweet smelling perfume into his acidic ink. Sanders’ emphasis is on you, the victim, versus them, […]
For most of us, the good life is more a futuristic idea than current experience. We’re all hoping and dreaming of better times, even if we feel successful now. Those very successful either want more wealth, more time with their families, less aggravation in their lives, or more safety for their assets. No one I’ve ever met […]