Monthly Archives: July 2012

The fallacy of destruction

Posted on 31 July, 2012 by

“Yet the broken window fallacy, under a hundred disguises, is the most persistent in the history of economics.  It is more rampant now than at any time in the past.  It is solemnly reaffirmed everyday by great captains of industry, … Continue reading →

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Obamalympics

Posted on 30 July, 2012 by
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Plunder

Posted on 30 July, 2012 by

“When plunder becomes a way of life for a group of men living together in society, they create for themselves, in the course of time, a legal system that authorizes it and a moral code that glorifies it.” Frédéric Bastiat

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Claim

Posted on 29 July, 2012 by

This baby has something to say:

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Business license: why?

Posted on 28 July, 2012 by

Business licenses require property owners to get permission slips from the government in order to use and sell their own property. My question is: WHY? Entrepreneurs shouldn’t need government permission slips!   Business Licensure: A Protectionist’s Dream Should businesses be … Continue reading →

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The safest thing is to be free

Posted on 28 July, 2012 by

“I believe that it is better to be free than to be not free, even when the former is dangerous and the latter safe.  I believe that the finest qualities of man can flourish only in free air -that progress … Continue reading →

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The claim for equality

Posted on 27 July, 2012 by

“A claim for equality of material position can be met only by a government with totalitarian powers”. Friedrich von Hayek

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Only the individual

Posted on 26 July, 2012 by

“Only the individual thinks. Only the individual reasons. Only the individual acts” Ludwig von Mises

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What’s wrong with this?

Posted on 25 July, 2012 by

  This person seems to be furious because he has to wait 5 minutes in a hospital for some basic medical care….and the cost of the medical service was 445 dollars. Result:  she claims that the Obamacare bill is in … Continue reading →

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The root of all evil

Posted on 25 July, 2012 by

“So you think that money is the root of all evil?” said Francisco d’Anconia. “Have you ever asked what is the root of money? Money is a tool of exchange, which can’t exist unless there are goods produced and men … Continue reading →

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