Economic Democracy

by | Dec 8, 2011

Any method of allocating resources other than the free market price system ultimately leads to tyranny. Yet the Occupy Wall Street Non-Leaders, presumably opposed to tyranny, have said many times that they want a “democratic economy”. There simply is no such thing....

Size Matters

by | Nov 12, 2011

I believe that many of our worst and very real problems are caused by the size of government, some businesses and some unions—they are all too big. Economies of Scale make sense, to a point.  But Too Big to Fail, or close to it, makes no sense.  Because then the...

Tinkering With Business

by | Oct 12, 2011

When I was a graduate student in London right after the earth cooled, 1968-1970, Harold Wilson was the Prime Minister, and Keynesian Economics ruled his Labor Party from Cambridge.  At London School of Economics the teaching was more ChicagoSchool, so our professors...

I’ve Read Good Essays, but This May Be the Bastiat

by | Sep 18, 2011

Thanks to a personal introduction from Gene Tullio (https://facebook.com/gtullio1), I’ve discovered the French economic philosopher Frederic Bastiat and his great work, The Law, originally published in 1850. As with my late-in-life reading of F. A. Hayek, I am...

Perfection or Freedom?

by | Aug 31, 2011

It’s amazing how important worldview can be. Take the secular vs. the Judeo-Christian view of bad behavior and unfairly advancing self, family or friends. The secular worldview, if it were honest, would not criticize such selfish behavior, because if we are just...