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Channel: Central Planning – AUSTRIAN ECONOMICS ADDICT
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Milton Friedman – Socialism Is Force!

Organizing a society via the force of central planning whether it take the form of monarchy, dictatorship, socialism, communism, fascism, or a democratically elected big government is very appealing to...

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Private Property vs. Collective Ownership: One Deals With Scarcity Better...

The first rule of economics is scarcity. There are not enough resources to satisfy peoples desires. Economic systems don’t create this scarcity, it is the natural state of our world. The two questions...

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Must Reads For The Week 1/23/16

ECONOMIC FORCES EVENTUALLY WIN China Promises To Keep Intervening To “Look After” Stock Market “Investors”, Hurt “Speculators“, at zerohedge.com. So the cure for the Chinese stock market bust is...

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Here Is Some Econ. Homework

When knowledge is allowed to flow unhampered through the market, mainly through the price system, it works to coordinate all activities as optimally as possible. But when Government interventions...

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Could Brexit Be The Modern Day “Shot Heard Round The World”?

  Ralph Waldo Emerson’s immortalized The Minutemen who made a stand against British Tyranny at Lexington and Concord in his “Concord Hymn”. Here is the first verse: By the rude bridge that arched the...

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Drifting Towards Fascism

First let’s define Fascism so we can begin at the same starting point. Fascism is an economic system where the state doesn’t own the means of production, but the state makes the rules that producers...

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Must Reads For The Week 3/11/17

ECONOMIC STUFF Donald Trump and Peter Navarro Suffer From ‘Trade Deficit Disorder‘, by Mark J. Perry, at carpediemblog. Here is an excerpt form the article: “In his speech and op-ed, Navarro laid out...

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Must Reads For The Week 12/16/17

Pentagon To Undergo First Ever Audit After Decades Of Sloppy Accounting And Missing Trillions, at zerohedge.com. Trying to make government agencies more efficient is a fool’s errand. Government...

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Must Reads For The Week 2/3/18

Patients Are “Dying In Corridors” Of Britian’s Socialised Health System, by George Pickering, at mises.org. Why do people continue to believe that economic central planning doesn’t produce the results...

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Central Planning vs. Voluntary Cooperation

I haven’t posted an article for over a year. Why? Because I started to value other activities more than I valued writing. Why? Because all the economic and social problems we have in the U.S. can only...

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