charleshughsmith.blogspot.com / CHARLES HUGH SMITH / THURSDAY, FEBRUARY 26, 2015
The dragon tail of Marx’s end-game of overcapacity and finance capital is about to shred China’s fantasy that the state can micro-manage both capitalism and financialization with no contradictions or consequences.
Longtime readers know my one expertise is annoying the entire ideological spectrum in 1,000 […]
mauldineconomics.com / BY JARED DILLIAN / FEBRUARY 26, 2015
Let me begin by saying that if you aren’t on Twitter, you’re making a huge mistake. I was encouraged to get on Twitter years ago by a tech-savvy friend. There is a learning curve. It’s not the easiest thing to get the hang of. Used correctly, […]
silver-coin-investor.com / By Dr. Jeffrey Lewis / Feb 22, 2015
Signed, Sealed, Delivered I’m Yours
Like a fool I went and stayed too long Now I’m wondering if your love’s still strong Oo baby, here I am, Signed, sealed delivered, I’m yours Then that time I went and said goodbye Now I’m back and not […]
paulcraigroberts.org / Paul Craig Roberts / February 1, 2015
In my book, The Failure of Laissez Faire Capitalism http://www.amazon.com/The-Failure-Laissez-Faire-Capitalism/dp/0986036250/ref=sr_1_2?ie=UTF8&qid=1397093713&sr=8-2&keywords=how+america+was+lost&tag=paulcraigrobe-20 , I explain the concept of external or social costs. These are the costs associated with production that are not incurred by the producer but are inflicted on outside third parties, most often the environment, such […]
zerohedge.com / by Tyler Durden / 01/29/2015 08:17 -0500
From Bill Gross latest monthly investment outlook letter, which is essentially the latest recap of our article from 2012 “How The Fed’s Visible Hand Is Forcing Corporate Cash Mismanagement.”
Games People Play
My mother taught me how to play Monopoly – the game – […]
acting-man.com / Bill Bonner / January 27, 2015
Two Comedy Acts
Today, we’re going to tell you why America’s middle class is getting poorer. Or put another way, we’re going to show you how capitalism dies.
The Dow fell 141 points, or 0.8%, on Friday. Gold closed the week below $1,300 an ounce… but not […]
charleshughsmith.blogspot.com / CHARLES HUGH SMITH / TUESDAY, JANUARY 20, 2015
Debt-serfs who make the difficult and risky transition to small-scale business owners find they have simply moved to another class of serfdom.
The core dynamic of debt-serfdom is that debt-serfs must borrow money to buy essentials while the wealthy borrow to invest in productive […]
armstrongeconomics.com / by Martin Armstrong / January 11, 2015
QUESTION: okay Martin,
So assuming Capitalism (property rights) and (direct) Democracy is the Promised Land, how the Hell do we get there? How do we break the Oligarchy? Cheers, em
ANSWER: No matter what system we do create, it will be gamed eventually. If you […]
armstrongeconomics.com / by Martin Armstrong / January 8, 2015
Banks in the USA now are required to report any wire of $3,000 or more and any cash withdraw as well. If you want to withdraw $5,000 in cash, you have to now fill out a form. Your money is no longer yours. Big Brother and […]
davidstockmanscontracorner.com / By Timothy P. Carney At reason. com / January 6, 2015
Rep. Eric Cantor didn’t just lose his Virginia Republican primary. He was demolished. Dave Brat-a mostly unknown economics professor from a local college-beat the powerful Republican incumbent by 11 percentage points.
Cantor on June 10, 2014, became the first sitting House majority […]
yanisvaroufakis.eu / by yanisv / December 13, 2014
In this article, aptly subtitled It’s lonely being the global policeman, Slavoj evokes a parallelism between the age of extremes that began as the British Empire was losing its grip with the present moment in history. Now that theGlobal Minotaur (quoting my book) is mortally wounded, […]
mises.org / Hunter Hastings / DECEMBER 10, 2014
We are told that elections are important, but the most powerful state institution, the central bank, is totally out of reach of the voter.
Ludwig von Mises viewed democracy as a utilitarian concept. It was the form of political organization that allowed the majority to change […]
zerohedge.com / by Tyler Durden on 12/03/2014 20:00
One of the most important Zero Hedge posts of the last few years was “The “Muddle Through” Has Failed: BCG Says “There May Be Only Painful Ways Out Of The Crisis”” where The Boston Consulting Group (BCG) helped explain how the economic establishment is trying everything to […]
johngaltfla.com / by John Galt / November 30, 2014 10:35 ET
While Americans ate, partied, and shopped until their credit cards cried “uncle,” markets around the world experienced a mini-crash which despite the protestations of the CNBCBBGFBN propaganda and infomercial sales forces will have consequences for the American economy and indeed the future of our […]
teapartyeconomist.com / by Gary North on November 28, 2014
This story caught my attention. There were protests in St. Louis after the grand jury failed to indict the policeman who shot Michael Brown.
At the Manchester Wal-Mart, about two dozen people chanted “no justice, no peace, no racist police” and “no more Black Friday” […]
davidstockmanscontracorner.com / by Randall G. Holcombe / November 17, 2014
The role of government in the economy has been a major public policy issue for more than two centuries. Critics of capitalism, at least since Karl Marx, have argued that the system is skewed to benefit the political and economic elite at the expense […]
globaleconomicanalysis.blogspot.com / Mike “Mish” Shedlock / November 07, 2014
Who Really Won the Election?
If you think Republicans won the recent mid-term election you are mistaken. PolicyMic has One Chart that Shows Who Won.
Most Expensive Senate Races
Money Won the Election!
The Center for Responsive Politics projects the 2014 mid-term election will cost […]
Mathew Brady Units of XX Army Corps, Army of Georgia on Pennsylvania Avenue, Washington DC May 24 1865
theautomaticearth.com / by Raúl Ilargi Meijer / November 5, 2014
To the extent there’s any actual choices to be made in these kinds of elections. Why waste your time?
• Ayn Rand vs Adam Smith: The […]