Monthly Archives: August 2011

Will the markets crash in a few weeks?

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

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The Proper Function of the Law

“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

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Why it makes the world go around…

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

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Going on with Paul Krugman

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

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Hallucinating with Paul Krugman

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

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The Choice Before Us

“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

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Why minimum wage causes unemployment (II)

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:

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