Tuesday, December 18, 2012

Japan PM Abe’s Economic Elixir: Inflationism

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How will the world not have price inflation when practically political leaders of every developed economies have seen inflationism as a ph...
Monday, December 17, 2012

Quote of the Day: Taxation Is Not Revenue Raising

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Taxation isn’t revenue raising.  It is confiscation of people’s resources.  Revenue is what merchants or employees earn in voluntary trade...
Sunday, December 16, 2012

Phisix’s Inflationary Boom: Normal Profit Taking From Record Highs

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The paradox of skill says that as people become more skillful in a given activity, luck becomes more important in determining the outcome. ...
Saturday, December 15, 2012

War on Internet: Internet Freedom Prevails over UN Sponsored Regulations

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The United Nations via the International Telecommunication Union has failed in her mission to put a centralized legal kibosh on the interne...

Graphic: America’s Demographics: Racial and Ethnic Trends

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America’s population will increasingly be dominated by non-whites That’s according to an estimate by the US government as reported ...

Quote of the Day: Government Forecast is No Different than a Medieval Fortuneteller

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The problem is that people have been deluded for so long into believing that economics is an actual science… and so it must be true. Well,...

China’s Stock Markets: Sovereign Funds and Central Banks Open to Invest More

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The Chinese government has a bias for international political contemporaries.  They prefer central banks and government controlled Sove...
Friday, December 14, 2012

Quote of the Day: Every Act of Entrepreneurship is Revolutionary

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Every act of entrepreneurship is revolutionary and rooted in the anarchist spirit. It strikes at the heart of the status quo. It dares to ...

Warren Buffett’s Berkshire Share Buy Backs: Do What I Say and Not What I Do

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When people talk or preach about politics, the best measure of candidness is to see how they act rather than to simply adhere to what they ...
Thursday, December 13, 2012

Quote of the Day: The Virtue of Market Inefficiency

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an inefficiency exists when, for a given person at a given time and place, the cost of an action outweighs the benefit.  We’ve seen that t...

Graphic of the Day: MIT Academes Govern World’s Money Policies

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Could revolving door relationships between central banks and the highly protected banking industry signify manifestations of more than ...