Posts Tagged ‘economics’

The Economics of Metapolitics

Since the middle of the nineteenth century, much of the history of the Western world has revolved around the clash of different economic theories. First you had David Ricardo and Adam Smith who laid the groundwork for the principles of the Capitalistic system, meaning free enterprise and private ownership under the market-mechanism of supply and…

Why Europe is in better economic shape

Europe…has high domestic savings rates and balanced trade accounts with the rest of the world. Europe, unlike the United States, is not increasingly in hock to China. ~~~~~~~~ A senior French banking official told me, “If a banker promoted these subprime mortgages here, he would go to jail.” ~~~~~~~~ In a recent interview, Germany’s Gunter…

Winner Takes it All

Since the dawn of Socialism and its ultra-centralized variant, Communism, people have inventively generated a stream of objections: it won’t work because it removes competition, it deprives us of individual souls, it’s atheistic, it oppresses us and takes away our freedom. All of these are completely wrong once one realizes that Communism and Socialism do…

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