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Tag Archives: economics
A Biblical Understanding of the State’s Authority
Doug Wilson has recently posted an excellent series of articles that basically get down to a biblical understanding of the state and how it relates to citizens of the state. Can the state do wrong or more specifically is there … Continue reading
Free-Market Education
Mises.org has posted an excellent article on free-market education to their site. I recommend that you go read it for yourself, but will give a short synopsis here. A teacher in a San Diego high school decides to sell advertising … Continue reading
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Tagged austrian economics, bailout, capitalism, economics, federal reserve, politics, socialism
The Austrians Were Right
Ron Paul before the U.S. House of Representatives, November 20, 2008 Madame Speaker, many Americans are hoping the new administration will solve the economic problems we face. That’s not likely to happen, because the economic advisors to the new President … Continue reading
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Tagged austrian economics, capitalism, depression, economics, fannie mae, fdic, federal reserve, freddie mac, ron paul, socialism, treasury
Taxation by Inflation
Inflation is a hidden and intentionally deceptive form of taxation. Governments love to be off the gold standard and use fiat currencies that allow them to inflate without controls (especially when all the other governments are also on fiat currencies). … Continue reading
Posted in blog
Tagged economics, fed, great depression, housing bubble, inflation, monetary inflation, taxes, theft
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Ron Paul vs. Alan Greenspan
The important fact to remember when considering the current economic crisis is to remember that people like Ron Paul, who hold to austrian economics, predicted it. They pointed out years ago that what Greenspan was doing would cause such a … Continue reading
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Tagged alan greenspan, austrian economics, economics, federal reserve, great depression, ron paul
Intervention is the Problem
Economics in One Lesson is an excellent book by Henry Hazlitt that attempts to help people to correctly think through any economic situation. The one lesson is reduced to a single sentence on page 5 of the Mises edition: The … Continue reading
Senate Votes to Bailout Wallstreet
The senate voted to pass their version of the $700 billion bailout of the rich by the poor. I wasn’t suprised to find that Lindsey Graham voted for it. It is great to see that Jim DeMint is one South … Continue reading
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Tagged bailout, congress, economics, jim demint, lindsey graham, senate
Bailout Vote Tally
The Campaign for Liberty website has posted a tally of today’s vote on the bailout plan. Check it out to see how your congressman voted. Update: that link no longer exists but you can find updated information on the final … Continue reading
