acting-man.com / Pater Tenebrarum / October 9, 2015
Physicists Should Stick to Physics
We know already since Einstein that renowned physicists would do better to avoid straying into the field of economics. In 1949 Einstein published an essay on economics and education that is brimming with ignorance. According to Einstein, “The economic anarchy of capitalist […]
thecommonsenseshow.com / BY PATRICK WOOD / 04 Oct, 2015
The United Nations intends to replace Capitalism and Free Enterprise with its Green Economy, or Sustainable Development. However, its concepts of development and economy are deeply flawed and reminiscent of fringe ideas from the Great Depression era. (For a full discussion of Technocracy in the 1930s, […]
teapartyeconomist.com / by Gary North / October 3, 2015
The regulation by the state of the streets of London goes back to 1635. It began under King Charles I, who was a full-time tyrant, and whose life ended on the scaffold in 1649.
Charles decided that the streets were too crowded in London, and what […]
mises.org / Yonathan Amselem / OCTOBER 2, 2015
Last year, the world was stunned by an IMF report which found the Chinese economy larger and more productive than that of the United States, both in terms of raw GDP and purchasing power parity (PPP). The Chinese people created more goods and had more purchasing […]
charleshughsmith.blogspot.com / CHARLES HUGH SMITH / WEDNESDAY, SEPTEMBER 30, 2015
The great irony is what’s unsustainable melts into thin air no matter how many people want it to keep going. Disagreement is part of discourse, and pursuing differing views of the best way forward is the heart of democracy. Disagreement is abundant, democracy is […]
zerohedge.com / by Richard Ebeling via EpicTimes.com on 09/18/2015 20:05
For over a decade, now, the American economy has been on an economic rollercoaster, of an economic boom between 2003 and 2008, followed by a severe economic downturn, and with a historically slow and weak recovery starting in 2009 up to the present.
davidstockmanscontracorner.com / by Yahoo / September 17, 2015
David Stockman is not a fan of the Fed. In fact he claims that the Fed is on a “jihad” against retirees and savers.
The former Reagan budget director and author of “The Great Deformation: The Corruption of Capitalism in America” visited Yahoo Finance ahead of […]
bullionbullscanada.com / by Jeff Nielson / 14 September 2015
It was a day of surprises. First we had a report on the Pope, a pimp for the Status Quo (of our ruling plutocracy). The news was that Pope Francis was planning to speak out, in his visit to the U.S., against economic victimization/oppression as well […]
tomwoods.com / Tom Woods / 7th September 2015
For episode 481 of my show I talked to Dr. Josh Umbehr, whose practice in Wichita, Kansas, will knock your socks off, for reasons you’ll see below. The cost savings he and his patients enjoy because they stay away from insurance and government are absolutely staggering.
davidstockmanscontracorner.com / By Linette Lopez at Business Insider / September 1, 2015
Jim Chanos, the founder of the short-biased hedge fund Kynikos Associates, has been questioning China’s growth numbers since 2010.
Now — with a recent currency devaluation, flailing stock market indexes, debt at 280% of gross domestic product, and manufacturing data flashing 2009 numbers […]
davidstockmanscontracorner.com / by Tom Phillips at The Guardian / August 31, 2015
Beijing’s security forces are transforming China into a place of “fear and panic”, the families of 12 attorneys and activists who disappeared during a crackdown on human rights lawyers have claimed.
In an open letter to Guo Shengkun, the minister of public security, […]
teapartyeconomist.com / by Gary North / August 29, 2015
In the first week of January, 1950, Harvard economist Joseph Schumpeter was completing the final edits of a manuscript which he had delivered as a speech on December 30, 1949. The title was: “The March into Socialism.” He died before he finished the editing.
The article […]
schiffgold.com / BY MIKE FINGER / AUGUST 24, 2015
Jim Grant appeared on CNBC this morning with an explanation of the underlying reason why United States stocks just plummeted. His core message is that capitalism requires both success and failure. When central bankmonetary policy corrupts pricing as thoroughly as it currently has, it ruins the […]
globaleconomicanalysis.blogspot.com / by Mike “Mish” Shedlock / August 11, 2015
In a move sure to heighten trade tensions with protectionists in US Congress, Surprise China Devaluation Marks Escalation of Currency War.
According to conventional wisdom, wars are easy to start and difficult to end. Similarly Beijing’s devaluation, the biggest one-day currency move since […]
acting-man.com / Pater Tenebrarum / August 1, 2015
The Asset They Love to Hate …
Back in the 1960s, Alan Greenspan wrote a well-known essay that to this day is an essential read for anyone who wants to understand the present-day monetary and economic system (which is a kind of “fascism lite” type of statism, […]
acting-man.com / Bill Bonner / July 31, 2015
What’s Really Killing Capitalism
VANCOUVER, Canada – Hillary is taking the bull by the horns… and putting the knife between her teeth. She is a “take-charge” candidate and aims to let us know.
Yes, earlier his week, she promised to improve capitalism. Now, it’s the climate […]
dollarcollapse.com / by John Rubino / JULY 30, 2015
These days no matter what the Federal Reserve actually says, the markets respond like dogs sensing a piece of bacon coming their way. This is so for several reasons:
1) The world is vastly overleveraged, which terrifies investors and traders with even a modest historical […]
jessescrossroadscafe.blogspot.com / 30 JULY 2015
“Pride goes before a destruction, and arrogance before a fall.”
This was a fairly lackluster day in US equities.
Sentiment is now back to somewhat complacent as the VIX has fallen back to a 12 handle.
I picked up a little VIX today. I may buy more if […]
zerohedge.com / by Bill Bonner via Bonner & Partners, / 07/24/2015 18:00
Zombies and cronies stifle the process of growth and wealth creation.
To add wealth, you have to add knowledge. That is, you have to learn to do things better.
The trouble with zombies is that they don’t want to learn. Learning […]
acting-man.com / By Bill Bonner / July 24, 2015
Somewhere in British Columbia – “Do Not Hump” says the sign on the side of the boxcar. We had no idea why the Canadian Pacific Railway is putting its nose into our private lives. But the authorities are always trying to tell us […]
zerohedge.com / by Tyler Durden on 07/18/2015 10:45
It’s not always easy being a rising superpower, and the delicate task of returning the world to a bipolarity unseen since the height of the Cold War while managing to maintain some semblance of diplomacy with a dying hegemon that doesn’t realize its glory days are behind […]
charleshughsmith.blogspot.com / by CHARLES HUGH SMITH / JULY 15, 2015
With authentic growth scarce, there’s no other way to reap huge profits but cannibalism.
When people say “capitalism has failed” or “capitalism has succeeded,” we have to ask: what type of capitalism do you mean? Authentic capitalism, in which capital is placed at risk to […]
paulcraigroberts.org / Paul Craig Roberts / July 4, 2015
If you have not read John Perkins’ book, Confessions Of An Economic Hit Man, you should. The book is easy to read and explains clearly from the inside how US corporations deceive foreign governments into debts that they cannot service or repay and then use the […]