Daily Archives: March 9, 2013

Hernando de Soto Defeats Marx: Property Rights, Authoritarian Governments & The Unity of Human Capital and Work

It was John Paul II who grasped more fully than most, the intrinsic value that electric technology had on what was sundered by both the Reformation and the Industrial Revolution, namely the total separation of labor and capital. Now united … Continue reading

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Dr. Ronald I. McKinnon: The Arab Spring & Loose Money at Federal Reserve

Don’t expect a synoptic approach from arcane specialists. Arnold Toynbee’s massive 12 volumes on the “Study of History” spells out the social and psychological relation between pusillanimity and the pathetic drive to fine a niche from which to survive.  This … Continue reading

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The Alternative Gnomes of Macro-finance: Dr. Allan Meltzer & Dr. Gerald P. O’Driscoll Jr.

I just love the contemporary students of Hayek and Ludwig von Mises in the names of Allan Meltzer and Gerard P.  O’Driscoll.  Dr. O’Driscoll is a former President of the Federal Reserve Bank of Dallas.  Both men continue to hammer … Continue reading

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Dow Jones Hit’s the Ceiling During Sequestration: How To View A Rising Market During Budget Cuts

The Keynesians at team Obama are good Socialists to believe that any cuts in govmint outlays would damage growth.  The logic here is simple:  growth in govmint = GROWTH. Philosophically, this isn’t difficult to understand, for the Keynesians come from … Continue reading

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The Sequester: How To Implement Cuts The Smart Way

The Gramm-Rudman Sequester (automatic fiscal budget cuts) in 1986 created lasting cuts in the federal budget, what’s happening these days are not cuts but reductions in the rate of spending.  The distinction isn’t dubious, but the chatter class isn’t interested … Continue reading

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