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This theory of profit/interest has major implications for the understanding of capital accumulation, the determination of real wages and the general standard of living, taxation, inflation/deflation, and the business cycle. It also provides the basis for the overthrow of virtually all aspects of Keynesianism and its system of national income accounting, along with an equally fundamental and thorough refutation of Marxism and the exploitation theory.
The basis of tax reform must be reduced government spending, not higher taxes.
The notion that production and economic activity are harmful to the environment rests on the abandonment of man and his life as the source of value in the world.
The key to avoiding “busts” is to avoid the credit expansion and “booms” that cause them.
My pro-free-market program for economic recovery is a provisional 100-percent-paper-money-reserve system applied to checking deposits, accompanied by a demonstrable commitment to ultimately achieving a 100-percent-gold reserve system.
Anita Dunn, is described by the online encyclopedia Wikipedia as "one of the major decision makers of the Obama campaign" and as one of Obama's "four top advisers (along with David Axelrod, David Plouffe, and Robert Gibbs)." She currently holds the position of "White...
The health and the freedom of the American people now and in the future demand a new politics of progress: progress away from government interference and in the direction of individualism and capitalism. Let such progress begin here and now, with a fight for the right to the freedom of medical care.
If a company as great and as economically powerful as General Motors once was can collapse into a shadow of its former self, so too can every other company in the United States. So too can the United States itself.
A Potential News Dispatch from a World Going Mad
Once we put our minds to it, nothing is easier than to think of things that would require the performance of virtually unlimited labor in order to accomplish virtually zero result.
As Employment Increases in Response to a Fall in Wage Rates, the Rate of Profit Rises, Not Falls
While the influence of Marxism stands directly in the path of a fall in wage rates and prices, by blocking its way with laws and threats, Keynesianism aims to prevent any attempt to overcome these obstacles by allegedly demonstrating the futility and harm of doing so.
The President’s statement reveals a great deal about his understanding or, more correctly, lack of understanding of economics.
The blind rush into massive “stimulus packages” is the culmination of generations of economic ignorance transmitted from professor to student in the guise of advanced, revolutionary thinking—the “Keynesian revolution.”
Those seeking to deify the government and raise it above the citizens, that they are encouraging a servant to forget his place and to become the master of those whom it is his duty to serve.
A disastrous economic confusion is the belief that falling prices constitute deflation and thus must be feared and, if possible, prevented.
The news media are in the process of creating a great new historical myth. This is the myth that our present financial crisis is the result of economic freedom and laissez-faire capitalism.
Barack Obama and Sarah Palin on Taxing Oil Companies and Giving the Money to Others
An analysis and critique of a major aspect of the views on taxation attributed to Obama.
How to Start Replacing It With Solid Gold
The reasons why advocates of human flourishing should never describe themselves as environmentalists,
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