Monty Pelerin's World

Economics, Finance and Politics Through The Prism of Classical Liberalism

Monty Pelerin's World

Archives for June, 2011

Right, Truth, Reality and Gold

Some interesting musings on the world and gold offered by J. R. Nyquist: If modernity is the era in which man denies right and wrong (moral nihilism), the era in which man denies that truth is knowable (epistemological nihilism), the era in which man denies objective reality (metaphysical nihilism), then wouldn’t it follow that such [...]

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Twenty-Nine Reasons to Be Angry And/Or Scared

civilunrest123s

If you’re not both angry and scared at the world’s current situation, you’re not paying attention. Rained out from a planned and anticipated golf game is not a good thing.  As a result, I find myself confined to the house and computer in a less than a jovial mood so decided to list a few [...]

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El-Erian Comments on Greece Performance

Yahoo News reports on comments by Mohammed El-Erian, head of Pimco, on the Greece situation: “After a year, every indicator has unfortunately worsened, despite the incredible quantity of financial assistance,” Mohammed El-Erian told Italy’s Corriere della Sera daily, “All of this has terrible human consequences and it’s associated with a transfer of liabilities from private [...]

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President Fatal Conceit

The shallowness of President Barack Obama is unbounded. The gap between his ability and his self-assessment is greater than any other public figure of my lifetime. Nowhere is his incompetence and ignorance more apparent than when he discusses economics and/or the economy. Brian Garst, borrowing Hayek’s famous observation regarding the liberal elite, described Obama’s recent [...]

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Updating “Free To Choose”

Milton Friedman’s TV series “Free to Choose” aired on PBS circa 1980. It probably did more good than any book or video before or since bringing free market principles to the masses. Apparently there is a remake of sorts coming to PBS. As I understand it, it retraces Friedman’s steps and visits around the world [...]

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Ratigan and Rogers Discuss the Madness

dylan-ratigan

All they want to do kick the can down the road and get re-elected.

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