Aug 132010
Another example of our school system. Andrew Klavan provides a humorous history lesson for today’s young. When you realize that many of our high school graduates do not understand much of this, I suppose it is not so humorous.
Monty Pelerin's World
Economics, Finance and Politics Through The Prism of Classical Liberalism
Favorite Quotes
- If a nation expects to be ignorant and free in a state of civilization, it expects what never was and never will be. Thomas Jefferson
- Nothing is so permanent as a temporary government program. Milton Friedman
- In matters of style, swim with the current; in matters of principle, stand like a rock. Thomas Jefferson
- Capitalism and socialism are two distinct patterns of social organization. Private control of the means of production and public control are contradictory notions and not merely contrary notions. There is no such thing as a mixed economy, a system that would stand midway between capitalism and socialism. Ludwig von Mises
- All men having power ought to be distrusted to a certain degree. James Madison
- Bureaucracy is a giant mechanism operated by pygmies. Honore de Balzac
Recent Tweets
-
Thoughts On The Commencement of My Eighth Decade, read it here: http://t.co/Tc2XyIgs 4 hours ago
-
Impossibilities, Discontinuities and Black Swans, read it here: http://t.co/WJlExRgb 7 hours ago
-
I’m From The Federal Reserve and I Will Improve Your Life, read it here: http://t.co/qgeTD9kT 17 hours ago
-
Another Reason Why The Economy Will Not Recover, read it here: http://t.co/Fd3P0z19 2 days ago
-
The Universal Truth About Government Regardless of Its Form, Time or Place, read it here: http://t.co/I8JQIEAT 2 days ago
-
The law school bubble – At 50 law schools, 20% of the students are either unemployed, flunked out, or are http://t.co/bX397BCW via @addthis 2 days ago
-
What The First Few Minutes of World War III Will Look Like *Micro-Flim* http://t.co/P6vDfu5Z via @addthis 2 days ago
-
The 10th Amendment Nullification Movement by Michael Boldin http://t.co/yw60giDy via @addthis 2 days ago
-
The American Spectator : Caesar Overreaching Once Again http://t.co/R7Pc4auA via @addthis 2 days ago
-
Warmal Colding strikes Europe:kills hundreds; thousands trapped by "heaviest snow... ever recorded" http://t.co/EiJazYrJ via @directorblue 2 days ago
- A Year Earlier (16)
- economics (1581)
- banks (156)
- bias (8)
- China (35)
- Commercial Real Estate (7)
- consumer (9)
- crash course (4)
- credit (92)
- currency (106)
- Debt (169)
- Deflation (53)
- dollar (75)
- Econ 101 (36)
- Econ 201 (14)
- economy (652)
- employment (95)
- FDIC (17)
- Fed (277)
- GDP (17)
- gold (138)
- Inflation (289)
- Insolvency (501)
- insolvent (18)
- interest (24)
- Keynesian (127)
- markets (105)
- Monetarist (26)
- moral hazard (55)
- Other (18)
- stock (35)
- Treasury (31)
- Favorites (187)
- Guest Post (19)
- History (95)
- humor (198)
- Investing (133)
- Investing Series (5)
- Investing Thoughts (128)
- Other (579)
- Persons (394)
- politics (1233)
- Government (1008)
- healthcare (107)
- Housing (56)
- Regulation (40)
- spending (171)
- taxes (90)
- Re-Reads (12)
- Today's Wisdom (77)
- Uncategorized (87)
- February 2012 (18)
- January 2012 (62)
- December 2011 (78)
- November 2011 (74)
- October 2011 (71)
- September 2011 (67)
- August 2011 (82)
- July 2011 (80)
- June 2011 (81)
- May 2011 (76)
- April 2011 (75)
- March 2011 (83)
- February 2011 (72)
- January 2011 (100)
- December 2010 (85)
- November 2010 (101)
- October 2010 (111)
- September 2010 (83)
- August 2010 (94)
- July 2010 (84)
- June 2010 (77)
- May 2010 (113)
- April 2010 (73)
- March 2010 (61)
- February 2010 (35)
- January 2010 (45)
- December 2009 (82)
- November 2009 (183)
- October 2009 (139)
- September 2009 (68)
- Thoughts On The Commencement of My Eighth Decade
- Impossibilities, Discontinuities and Black Swans
- I’m From The Federal Reserve and I Will Improve Your Life
- Another Reason Why The Economy Will Not Recover
- The Universal Truth About Government Regardless of Its Form, Time or Place
- Fatal Conceit Leads to Fatal Government
- Twenty Reasons Why Europe is in Deep Doo-doo
- Educated Beyond Our Economy’s Ability To Create Jobs or Education Dragging Our Economy Down?
- Many of Us Will Never See “Happy Days Are Here Again” Again
- The Future of The Country on Display
Add new tag
American Thinker
Barack Obama
Ben Bernanke
Bernanke
Bill Bonner
Business
China
Chris Martenson
Economic
Economic Collapse
economics
economy
Employment
Europe
Fed
Federal government of the United States
Federal Reserve
Federal Reserve System
gold
Government
Great Depression
Greece
Health care
humor
Hyperinflation
Inflation
Insolvency
Investing
James Quinn
Keynesian Economics
Ludwig von Mises
mises
Obama
politics
QE
Recession
Social Sciences
Stock market
Thomas Sowell
United States
US
Wall Street Journal
Washington
Welfare State
Subscribe to Posts
Email Monty
montypelerin@gmail.com
Readers in Over 140 Countries
Categories
Post Archives
Other Recent Posts
- Ludwig von Mises: The Logician of Freedom
For those wanting to learn more about Ludwig von Mises, this piece by Eugen-Maria Schulak andÂ... - Monty Pelerin Recognized as One of The Top 150 Conservative Websites
Economicnoise.com has been ranked in the top 150 Conservative websites (#140) See the rankings here.... - Government Employees Make More Than Microsoft Employees
Note the pay of Federal employees. Then note that they produce nothing of value! H/T to The A... - The Political Season is Well Underway
Sent in by reader BG with the following note: Look at the bottom of the sign to see who paid for it... - How Currencies Die and Gold Prospers — Part II
In Part I of this two-parter a coming currency collapse and accompanying sovereign bankruptcies were... - Government Is Dead Man Walking
This response is from a regular reader sent directly to me. I blocked out his name only because I do... - Occupy Golf!
Thanks to reader JL for sending this in. Original author apparently unknown: I am a member of golf'... - Is Obama Playing With a Full Deck?
I originally tweeted a reference to this piece. Upon re-reading it, I felt compelled to refer to it ... - Brits on US Political Situation
I received this collection of British cartoons from reader Leo M. As he suggests, the British have t... - How Currencies Die and Gold Prospers — Part I
The Dollar is doomed. So too are most other fiat currencies. It is the nature of fiat currencies and...
Random Favorites
Stop Spending, Stupid: The Welfare State grows and grows and grows until it "runs out of other people's money." Then it col...
Terminally Ugly vs Terminally Stupid: There is a tale about Winston Churchill imbibing too much and being admonished by a woman. I am para...
Economists Have No Clothes: Economics as taught and practiced these days has been severely removed from its original methodology...
Comment Against A Unified Europe: The Eurozone's problems are not solvable. That will not prevent the political class from pretending ...
Complex Economics: I received this email from a reader. I assume it was written by the person whose name was included, ...
Obama Motors: Received via email from a reader. Author unknown:

 
Recent Comments