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25% Of Americans Prefer Socialism Over Capitalism

zerohedge.com / by Tyler Durden on 11/16/2014 20:48

While Americans are preached that “free market capitalism is the best path to prosperity,” it appears that not everyone is buying it. Whether it is the failure of prosperity to trickle down (and the inequality that has been created) or just the herd-like need to be […]

Socialism and Other Crimes in Venezuela

mises.org / by Benjamin M. Wiegold / Wednesday, November 05, 2014

In the aftermath of the brutal murder of Venezuelan lawmaker Robert Sierra and his wife Maria Herrera, Venezuelan President Nicolás Maduro said in a speech on October 27 that he will “purge” and “revolutionize” the country’s police forces. This comes in response to […]

Moral Hazard and Socialism in Collective Security Agreements

mises.org / by Patrick Barron / Monday, November 03, 2014

The economic phenomenon known as the “tragedy of the commons” instructs us that commonly-held resources that are insufficiently protected will be plundered to extinction. The phenomenon was recognized in the early nineteenth century to explain why the commons in England quickly came to be […]

French Nobel-Prize Winning Economist Slams “Big State” Socialism: “Not Enough Money To Pay For It”

zerohedge.com / by Tyler Durden on 10/14/2014 19:30

One would think: i) French + ii) economist + iii) Nobel prize winner = the French version of Paul Krugman, which immediately means someone who exists in a permament state of eternal hubris and confused shock at the endless stupidity of all those others who (have a […]

Germany’s Tapped Out… So Who Will Hold Europe Together This Time?

gold-eagle.com / By Graham Summers / October 14, 2014

The biggest issue for maintaining the Euro has been one of political tension.

In the US, politics takes a backseat to economics. If the economy goes into the toilet, there are political repercussions. This is because the US Government as bloated as it is, comes nowhere […]

Venezuela’s “21st Century Socialism”: Food Lines For The People, New Cars For The Military

zerohedge.com / by Tyler Durden on 09/29/2014 21:33

“Food lines are part of our daily existence,” exclaims one member of the Venezuelan public, as people line up for hours outside state-owned supermarkets to buy regulated staple goods, or, as Bloomberg reports, pay three times as much from street hawkers. However, on the other side […]

Medef Cuts the Knot but Socialism Still Strangles French Economy

thedailybell.com / By Staff News & Analysis / September 26, 2014

French employer group urges ‘shock therapy’ for economy … France’s main employer group urged the government on Wednesday to scrap the 35-hour work week, raise the legal retirement age and cut the minimum wage to bring down chronically high […]

Legend Warns More Shocking Global Chaos On The Horizon

kingworldnews.com / August 27, 2014

Today a legendary value investor warned King World News that more shocking global chaos is on the horizon. Below is what the legendary investor, Jean-Marie Eveillard, who oversees more than $85 billion, had to say about the tremendous danger the world faces in this fascinating interview.

Eveillard: “The French president, […]

You Can’t Run an Economy with Spreadsheets

mises.org / by Nicolás Cachanosky / Friday, August 22, 2014

Argentina’s economic minister, Axel Kicillof, has become famous for his assertion that it is possible to centrally manage the economy now because we have spreadsheets such as Microsoft Excel. This assertion comes from the mistaken view that the cost of production […]

Tax Cuts Are Only for the Powerful

mises.org / by Crosby Kemper III and Rex Sinquefield / Tuesday, August 12, 2014

Ninety-seven years ago, a small but ruthlessly determined band of revolutionaries set out to prove that it would be possible to achieve material happiness — and social justice — by replacing free markets with economic planning.

The “Entrepreneurial” State is Anything But

mises.org / by Tyler Kubik / Tuesday, July 29, 2014

After the empirical failure of socialism in the Soviet Union, and the corresponding unpopularity of state control of the economy, left-leaning economists and politicos have increasingly turned to other justifications for state intervention into the economy, climate change being one particular example. […]

My Social Justice Is Better Than Yours

mises.org / by D.W. MacKenzie / Wednesday, June 25, 2014

Earlier this year Chris Kjorness described the importance of entrepreneurship in the rise of the Beatles. The Beatles became a global phenomenon when they arrived in the US fifty years ago, thanks to the entrepreneurial alertness and imagination of Brian Epstein. 1964 […]

Inflation, Socialism And The Fourth Branch Of Government

gold-eagle.com / Jeffrey Lewis / June 14, 2014

The slow and steady rise of socialism in the modern era has officially peaked with the recent release Thomas Piketty’s new best-seller, “Capital in the Twenty-First Century”.

The book arrives as a time traveler from the distant past, cloaked behind the attempt to […]

Daniel Hannan Explains Why Socialism Does Not Work

zerohedge.com / by Tyler Durden on 05/23/2014 21:00

Having explained how well socialism worked in France and in Venezuela, why socialism alway fails; and exposing the “costs” of socialism around the world, we leave it to the much more erudite UKIP member Daniel Hannan to explain why socialism does not work. Hannan, simply put, […]

Health Care and the Candy Store Called Socialism

mises.org / by Jim Fedako / Thursday, May 08, 2014

Some 27 years ago, I spent two weeks in Yugoslavia, the supposed workers’ paradise cobbled together by the strong arm of Marshal Tito. And, if my memory serves, the country was an overflowing candy store — a middle schooler’s sweet-toothed delight. Socialism […]

Ron Paul On The “Illusion” Economy And “Why Socialism Always Fails”

zerohedge.com / by Tyler Durden on 03/19/2014 17:41 -0400

“If we look only at the stock market, then we’re in denial,” warns Ron Paul in this brief ‘uncomfortable-for-the-anchor’ CNBC interview, adding that “it’s an illusion.” While the stock market has performed well, Paul explains that the economy-at-large continues to struggle noting that it’s due to […]

The US did NOT cause the Fall of the Soviet Union – that is a False Belief on Both Sides

armstrongeconomics.com / Martin Armstrong / March 18, 2014

There is a serious issue at the core of the USA-Russian renewed Cold War. Both sides fail to understand how and why the Cold War ended. This is a profound problem that impacts both Russian and Western attitudes risking war in the future. This very common assumption […]

Marxism is a Dead Idea But Capitalism (Freedom) has Never Truly Existed

armstrongeconomics.com / Martin Armstrong / March 11, 2014

The Socialists argue that we actually have a free market economy called capitalism and that is the reason for the economic downturns. They assume we can create an economic flat-line they call socialism/communism. Anything that booms and busts they call capitalism. The real question is when […]

An Optimistic View of 21st Century Poverty

mises.ca / Michael Hand / Saturday, March 1st, 2014

Many proponents of socialism and State control will claim that the growing gap between the rich and the poor needs to be corrected. They say that because the gap is growing, that justifies the need for the state to come in and redistribute the wealth. Even […]

Demise of Freedom’s Conversation

thedailybell.com / By Staff Report / February 10, 2014

The End of American Exceptionalism … From the moment Barack Obama appeared on the national stage, conservatives have been searching for the best way to describe the danger he poses to America’s traditional way of life. Secularism? Check. Socialism? Sure. A tendency to apologize for […]