Monty Pelerin's World

From The Daily Bell is another rant on the economics of Paul Krugman and his like: Krugman: Last Gasp of the Hamiltonians? Wednesday, January 04, 2012 – by Staff Report [...]

The troubles of our time strike us as new and unique. They are not. Interestingly the problem of Socialism or its early precursors are as old as mankind. This siren [...]

“Until the debt is cleared and capital starts to be properly allocated, economic growth per unit of additional debt will continue to sour.” Andy Lees A powerful indictment of Central [...]

The number of Obama supporters seems inversely related to his time in office. Many wonder what happened to “The One We Are Waiting For.” Obama assumed office in difficult economic [...]

Apparently our government has succeeded in making almost half of the population dependent upon it or others. Phil Izzo in the WSJ discussed a paper from the National Bureau of Economic Research: [...]

Socialism lives and continues to grow. Now you can see its future (and yours) as clearly as one gentleman did in 1893! There is no other social organization that has been [...]

The Welfare State grows and grows and grows until it “runs out of other people’s money.” Then it collapses. To understand what is happening around the world, refer back to [...]

Jonathan Goldberg opines on ObamaLogic: … half of all the net new jobs created in the United States (from August 2009 to August 2010) were created in Texas. According to [...]

An interesting battle is shaping up between what I call the “Eggs” and the “Idiots.” The significance of the terms and which team you are on will become clear shortly. [...]

Friedrich Hayek warned about the dangers of socialism in The Road to Serfdom. It was a dispassionate attempt to describe how, when you relax the constraints on government, the results [...]

Obama’s election was supposed to transform America, at least in his mind. This country’s first Socialist President strode into office confident he would remake this country. Unfortunately for him and [...]

From Socialism, Roman Style: One would think that with the unqualified collapse of the Soviet Union, the transformation of China into a quasi-capitalist state, and the pitiful condition of satellites [...]