Environmentalism thus stands a very strong chance of ultimately reverting to the more traditional socialism of massive government construction and engineering projects.
George Reisman
George Reisman, Ph.D., is Pepperdine University Professor Emeritus of Economics and the author of Capitalism: A Treatise on Economics. See his Amazon.com author's page for additional titles by him.
Visit his website capitalism.net and his blog atGeorgeReismansBlog.blogspot.com. Watch his YouTube videos and follow @GGReisman on Twitter.
Standing Keynesian GDP on Its Head: Saving Not Consumption as the Main Source of Spending
Consumption expenditure is not the main form of spending in the economic system and does not pay the national income or gross domestic product. Most spending in the economic system is in fact concealed under the head of net investment.
The Gold Clause: A Creditors’ Protection Bill
The widespread establishment of partial gold clauses is an essential step in the protection of the buying power of creditors. It would also be a major step on the path toward the establishment of sound money.
Credit Expansion, Economic Inequality, and Stagnant Wages
Credit expansion boosts profits more than does simple inflation because the reduction in interest rates it brings about serves to increase the time lag between the making of expenditures for capital goods and labor and their subsequent appearance as costs in business income statements.
A World Where Abortion is Murder
In the United States, just as in the Middle East, there are large numbers of people who believe that the cloak of religion and their claim to be inspired by the will of God entitles them to practice lunacy, in total disregard of the suffering and harm they cause to others.
In Support of the Concept of Intellectual Property
If individuals do have a property right in their own identities, do they not also have a property right in the words and symbols that uniquely identify their products and services?
Deflation and The Gold Standard
Environmentalism thus stands a very strong chance of ultimately reverting to the more traditional socialism of massive government construction and engineering projects.
The Housing Bubble and the Credit Crunch
The turmoil in the credit markets now emanating from the collapse of the housing bubble can be understood in the light of the theory of the business cycle developed by Ludwig von Mises and F.A. Hayek.
How The New York Times Coordinates Coverage Between News and Editorial Departments
Almost all of the writers, reporters, and editors of the paper come from the same educational mold and see practically everything through a far-left prism, with the result that The Times’ reporting is thoroughly slanted to the left.
The Irony Behind The College Student Loan Scandal
It is ironic that in the present case, the victims of this anti-capitalistic attitude are colleges and universities. What is ironic is that they systematically instill such anti-capitalistic attitudes in practically every course they offer.
Environmentalist Philosophy in Practice
Such a life of impoverishment is a life that the environmentalists who are striving to bring it about certainly deserve to achieve—but just for themselves, not for anyone else.
“For the Environment”
Tell them that the planet exists for you, not you for the planet, and that you intend to use it for your benefit.
It’s About Energy, Not Climate
“Conservation” as a source of energy is a contradiction in terms.
No Representation for Taxation
The citizens of Washington, D.C., do not pay taxes; they receive them.
China’s Once “Thriving Socialist Economy”
How “foolish” of China to abandon its “thriving socialist economy” of perpetual mass starvation for a rapidly progressing market economy of soaring skyscrapers and rising living standards for hundreds of millions.
Global Warming: Environmentalism’s Threat of Hell on Earth
Environmentalism thus stands a very strong chance of ultimately reverting to the more traditional socialism of massive government construction and engineering projects.
Global Warming Is Not a Threat But the Environmentalist Response to It Is
Environmentalism thus stands a very strong chance of ultimately reverting to the more traditional socialism of massive government construction and engineering projects.
Hugo Chavez: Collectivist Throwback
Despite the fact that the science of economics has been explaining it for over two hundred years, he didn’t know that inflation of the money supply serves to make prices rise.
Minimum Wage Legislation
Repeal minimum-wage legislation, pro-union legislation, and licensing legislation. That is what will help to eliminate poverty.
New York Times Pushes the Doctrine of Class Warfare
When one reads The New York Times, one should know what one is getting. It is not unvarnished news, but the news as seen through the lens of a distinct philosophical and political doctrine, a doctrine that is hostile to the freedom, prosperity, and happiness of the individual, and thus to the foundations of the United States.
New York Times Pushes the Green Party Line
Even though there may not be formal meetings, strategy sessions, and the like to coordinate its news reporting with its leftist editorial slant, that leftist slant nevertheless very definitely does permeate its reporting.
No Devil, No Saint: Chilean General Augusto Pinochet of Chile
Dictatorship, like war, is always an evil.
Saving Versus Hoarding
The increase in the savings of the economic system as a whole must take the form of an increase in its capital assets, such as business plant, equipment, and inventories.
The Fable of Chile Under Marxism Before Pinochet
So long as Marxists are content merely to write, speak, and fantasize about the destruction of capitalism, they have every right to be left alone. But when they begin to commit armed robbery they forfeit their rights.
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