Monthly Archives: August 2011

Will the markets crash in a few weeks?

Posted on 31 August, 2011 by

To crash or not to crash, that is the question…. Following the article published by The Telegraph, something “unpleasant” might happen in the forthcoming weeks, as it seems the cost of insuring the bonds of Royal Bank of Scotland, BNP … Continue reading →

Posted in Sin categoría | Tagged , , , , , , , , | 2 Comments

The Proper Function of the Law

Posted on 27 August, 2011 by

“And, in all sincerity, can anything more than the absence of plunder be required of the law? Can the law — which necessarily requires the use of force — rationally be used for anything except protecting the rights of everyone? … Continue reading →

Posted in government, Law, Phylosophy of Liberty, quotes | Tagged , , , , | Leave a comment

Why it makes the world go around…

Posted on 26 August, 2011 by

Because “the function of money is to facilitate the business of the market by acting as a common medium of exchange” (Ludwig von Mises, The Theory of Money and Credit). Money…Money Money makes the world go around …the world go … Continue reading →

Posted in Sin categoría | Tagged , , , | 1 Comment

Going on with Paul Krugman

Posted on 25 August, 2011 by

Yesterday I posted something I have seen in Google+ about some statement purpotedly done by Paul Krugman. After I posted it, the Google+ account “dissapeared”, and here is the reason:  somebody created a fake profile of Paul Krugman,  to post … Continue reading →

Posted in Sin categoría | Tagged , , , , , , , , , | 4 Comments

Hallucinating with Paul Krugman

Posted on 24 August, 2011 by

The Nobel prize has given me the most intense hallucination ever without taking drugs.  In his  Google plus account  the preferred guru of the keynesians has left us the following quote:   “ we would see a bigger boost in spending and … Continue reading →

Posted in Sin categoría | Tagged , , , , , , , | 6 Comments

The Choice Before Us

Posted on 22 August, 2011 by

“This question of legal plunder must be settled once and for all, and there are only three ways to settle it: The few plunder the many. Everybody plunders everybody. Nobody plunders anybody. We must make our choice among limited plunder, … Continue reading →

Posted in government, Law, Phylosophy of Liberty, quotes | Tagged , , , | Leave a comment

Why minimum wage causes unemployment (II)

Posted on 21 August, 2011 by

A couple of days ago, we were talking about why minimum wage causes unemployment. For those who get lost with graphics, maybe these videos will help: Or maybe this cartoon:

Posted in Sin categoría | Tagged , , , | Leave a comment

Regulations by the government

Posted on 20 August, 2011 by

  by Mimi & Eunice    

Posted in Sin categoría | Tagged , , , , | Leave a comment

Why minimum wage causes unemployment (I)

Posted on 19 August, 2011 by

The question is simple:  if the business does not make enough money, it will not be able to pay any money.  By establishing minimum wages the only consequence is that the less-qualified and low productivity workers will be thrown out … Continue reading →

Posted in Sin categoría | Tagged , , , , | Leave a comment

Good bye to the gold standard

Posted on 18 August, 2011 by

During 98,5% of human history, GOLD was MONEY.  But 40 years ago, something changed and the world went finally out of the gold standard.  It was “temporary”, but it has been permanent. Since August 15th 1971 we have been hearing about … Continue reading →

Posted in Sin categoría | Tagged , , , | Leave a comment