Monthly Archives: January 2012

Are workers free “under” a free market?

So the other day I was wasting time looking at Facebook profiles (I’m giving that up, by the way) and I saw a discussion about whether workers were “free” in a free market. The answer was no. Workers are not … Continue reading

Posted in political-economy | 2 Comments

Our financial meltdown is a century climax

The one who loves pleasure will be a poor person; whoever loves wine and anointing oil will not be rich. — Proverbs 21.17 This is not just about private behavior. People do make themselves poor but, often enough, they learn … Continue reading

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The appeal of the past

Do not say, “Why were the old days better than these days?” for it is not wise to ask that. – Ecclesiastes 7.10 How can Solomon make such a blanket statement? The past almost always produces in our perceptions the … Continue reading

Posted in Eschatology, Postmillennialism, Wisdom | 3 Comments

Ludwig Von Mises on “trickle-down” welfare statism

The vague notion of security which the welfare doctrinaires have in mind when complaining about insecurity refers to something like a warrant by means of which society guarantees to everybody, irrespective of his achievements, a standard of living which he … Continue reading

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Is Robert Reich becoming an Austrian Economist?

No sooner had I written my post below, Steve Jobs the World-Famous Slave, than I saw the American Spectator take Robert Reich to the woodshed for his economic heresy (or rather, false orthodoxy). But in truth, it seems that Reich … Continue reading

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Steve Jobs the World-Famous Slave

Not long ago, Apple boasted that its products were made in America. Today, few are. Almost all of the 70 million iPhones, 30 million iPads and 59 million other products Apple sold last year were manufactured overseas. via Apple, America … Continue reading

Posted in political-economy | 2 Comments

From the past: Richard Cobden begs his countrymen to be grateful for the English Channel and to take advantage of it

To maintain what is denominated the true balance of European power has been the fruitful source of wars from the earliest time; and it would be instructive, if the proposed limits of this work permitted it, to bring into review … Continue reading

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The new civilization

Paul, in his letter we know as “To the Ephesians,” reminds them, that you were at that time separate from Christ, excluded from the commonwealth of Israel, and strangers to the covenants of promise, having no hope and without God … Continue reading

Posted in Bible & Theology | 1 Comment

“No problem because we owe it to ourselves” The public debt fantasy

The point to remember is that economists win nobel prizes for the same reason Obama won the peace prize. It is a propaganda tool for the maintenance of power. The Robinson Crusoe Credit Card Company Let’s imagine an individual who … Continue reading

Posted in political-economy | 2 Comments

Holiday reading post

So over the last week I have been quite sick with a cold, as have several other members of the family. Sorry that it has been so quiet. But one good thing that happened is that my brother Jay sent … Continue reading

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