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 [...]

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 [...]

“No unarmed profession has done as much harm as economists.” Bill Bonner of the Daily Reckoning Related articles by Zemanta Bonner’s new “trade of the decade” (investmentpostcards.com) Bill Bonner’s Christopher [...]

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 [...]

December tax results disappoint. This from the Wall Street Examiner: Month to date tax receipts are now in for the entire month of December. They’re down 7.7% from December 2008, [...]

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 government of laws, the existence of the government will be imperiled if it fails to observe the law scrupulously. Our government is the potent, the omnipotent teacher. For [...]

Image via Wikipedia The country is on an unsustainable financial path that ends in ruin.  An article in The American Thinker states: “The politicians and the general public can no [...]

When the Washington Post reacts this way to the health care fiasco, you know it must be a real turkey. “Here is the dilemma: The bill also could take America [...]

Image via Wikipedia Image via Wikipedia “Economics and politics confront the same fundamental problem: What everyone wants adds up to more than there is. Market economies deal with this problem [...]

Image by jpellgen via Flickr Charlie Gasparino has a concise history of the government‘s role in creating our current crisis. It is a must read. “The greed merchants needed a [...]

[intlink title as a link /] For those interested in a discussion re the Flu risks. Hiding on a Vermont Hillside From H1N1 [intlink meta info /] By Paul Kedrosky [...]