Monty Pelerin's World

J. R.Nyquist has written an excellent article on Healthcare. He summarizes quite nicely the economic aspects of healthcare and why soft-headed thinking, regardless of good intentions, produces bad results. He [...]

Image via Wikipedia There apparently is no limit to President Obama’s hubris and arrogance. He has gotten message after message on health care reform, yet insists on pushing forward with [...]

As expected, the State of the Union (SOTU) speech was delivered with the usual élan from the gifted orator, President Obama. Unexpected, for most, was the content of the speech.  [...]

I don’t know what President Obama will try to sell tonight in his State of The Union speech. I do know that what he says will have no relation to [...]

Healthcare destroys a presidency and jeopardizes a political party. In the fledgling days of the personal computer industry, software vendors frequently announced products that were not yet ready for release. [...]

Lord Acton’s statement that “Power corrupts and absolute power corrupts absolutely” seems more true today than when it was uttered about 150 years ago. The growth and arrogance of government [...]

One of the simplest economic concepts to understand is the theory of demand. As the price of a good to users decreases, demand or use of that good will increase. As [...]

All of us are going to die. Knowing how and when are answers we are not provided. The imposition of Obamacare does not provide answers, but for most of us [...]

All you need to know about health care reform and where the country is going: [youtube]http://www.youtube.com/watch?v=G44NCvNDLfc&feature=player_embedded[/youtube] Share/Save Download article as PDF

“The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.” Friedrich Hayek The economic programs and policies currently [...]

Our country is going into hard times as a result of the economic mismanagement by the Federal Government and the Federal Reserve over the last three decades. There is no [...]

In a post generally critical of government and specifically critical of three programs, Tom Blumen concludes (my emphasis added): The micro and macro lessons are clear. So why do statists [...]