Keynesianism vs. the Gold-Coin Standard
Duncan Weldon of the London <em>Guardian</em> provides a highly useful summary of the Keynesian case — a fine mixture of familiar old canards and creative new errors.
Duncan Weldon of the London <em>Guardian</em> provides a highly useful summary of the Keynesian case — a fine mixture of familiar old canards and creative new errors.
This cri de coeur of the oppressed people of New Netherland against their despotic director, Willem Kiefft, was heeded by the West India Company an
A needless and terribly destructive war was inflicted upon the Dutch as the sole result of the Dutch tough, hard-line policy toward the Algonquins.
Long Island was particularly important as a source of wampum, beads from sea shells which had long served the Indians as their monetary medium of exchange. Wampum was particularly important to the white man as the best commodity to trade with the Indians for furs.
Interventions in the name of fairness do little to advance real fairness but a great deal to undermine the benefits we all derive from competition.
Please do not think, as many do, that economics — which is a science — takes sides on this issue.
Marx said that the key to the communist world is <em>not</em> a principle of the distribution of goods but the eradication of the division of labor.
Anyone who values a historically informed and well-written defense of freedom will gain a great deal from reading DiLorenzo's Organized Crime.
In all these statements the idea is unmistakably expressed that profits arise from the pressure the possessing classes exert on the nonpossessing classes.
Economist Robert Frank thinks "keeping up with the Joneses" is socially harmful. He wants to rein in and clamp down on all the "Joneses" in the world.