Monty Pelerin's World

Charles Hugh Smith calls what is coming The Great Reset. His article explains the what and whys of this reset. Below is part of his article which deals with three [...]

Empires come and go. The US is not exempt from history. For an interesting post as to how this decline is happening in the United States, read Niall Ferguson’s article [...]

Highly recommend The King Canute Economy: Governments’ Futile Attempt to Stem the Tide to understand what is happening in our country and around the world. “In the legend of King [...]

Image via Wikipedia Douglas Holtz-Eakin, an advisor to John McCain in the last Presidential Campaign, raises this critical issue in a Wall Street Journal opinion piece: “At what point, some [...]

Image via Wikipedia As several other states, New York State is going bankrupt. Tax increases are no longer effective as revenue raisers. They serve only to drive people out of [...]

“The mystery of government is not how Washington works but how to make it stop.” “The Democrats are the party that says government will make you smarter, taller, richer, and [...]

Image via Wikipedia Image via Wikipedia Pew Research suggests that incumbents are headed for a difficult election in 2010. Some may take this as good news. If you believe the [...]

Image by pbarnhart_cedarpark via Flickr Image via Wikipedia The single most distinguishing factor between good economics and bad is looking beyond first effects and beneficiaries. Frederic Bastiat described it as [...]

Image via Wikipedia Some takes on political outcomes: MICKEY KAUS on winners and losers in yesterday’s elections. Plus, the L.A. Times carries headline spin too far! ED MORRISSEY: Lessons From [...]

The WSJ has its own particular slant. I thought these three editorials today were worthwhile, if only because they all point in one way or another to political incredibility  and/or [...]