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The art of economics consists in looking not merely at the immediate hut at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups—Henry Hazlitt

Showing posts with label middle of the road policy. Show all posts

Monday, April 25, 2016

Socialism via QE: Bank of Japan 'Whale' Now Owns 55% of ETFs; also Top 10 Shareholder of 90% of Nikkei Stocks!

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At the end of March I wrote , In the political spectrum, the BoJ's increasing ownership of the factors of production simply means na...

Wednesday, October 01, 2014

No Middle of the Road between Capitalism and Socialism and between Individualism and Collectivism

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In the past I have pointed out why there can be no compromise between capitalism and socialism. This is for the simple reason that every b...

Tuesday, June 05, 2012

Quote of the Day: The Supremacy of Public Opinion

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This timely quote from yesterday’s article at the Mises Institute is dedicated to my libertarian and Casey Phyle friends, as well as my, pas...

Wednesday, April 18, 2012

Lessons from the Roman Era Socialism

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Inflationism had only been part of the financial repression policies that led to the fall of the Roman empire. Surviving the Roman empire’s...

Saturday, March 05, 2011

Do Central Banks Uphold Or Undermine Free Market Principles?

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When I read Professor Art Carden’s statement from this article , Far too often, people use terms like "capitalism" and "...

Tuesday, February 22, 2011

The Middle Of The Road Policy Of A Local Free Market Group

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I was delighted to learn about the existence of a “free market” group in the country, especially that it seemed to have several prominent me...

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