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.
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.
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 indi…
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.
The Transgender Police
Pick Your Gender and We’ll Enforce Your Choice, Says New York City’s Board of Health
Standards of Environmental Good and Evil
Policy recommendations emanating from the environmentalist movement must be summarily rejected unless and until they can be validated on the basis of a pro-man, pro-wealth, pro-capitalist standard of value.
Environmentalism’s Swan Song: Destroy Capitalism To Save The Planet
Environmentalism thus stands a very strong chance of ultimately reverting to the more traditional socialism of massive government construction and engineering projects.
The Green Business Racket
While a normal business seeks to add amenities to its offerings, a so-called Green Business seeks to subtract them, by means of pursuing a deliberate policy of corner cutting.
Root Cause of the Failure of Contemporary Education
With little exaggeration, the whole of contemporary education can be described as a process of encumbering the student’s mind with as little knowledge as possible.
Joseph Stiglitz on How Not to Fix the Global Economy
Such global “trade imbalances” are not a problem. They are a profoundly important means of preventing problems. What will cause a problem is allowing wreckers, devoid of serious knowledge of economics, to “fix” things.
Silencing Opposition to Greens on Global Warming
The petition I have referred to has no financial support from Exxon or any other company in the oil, coal, or natural gas industries. Can the same thing be said about governmental support of The Royal Society and the endless “studies” dedicated to advancing the Gree…
Betting California
In a move reminiscent of television’s popular “World Poker Tour,” in which a player announces that he is “all in,” their new law mandates that by the year 2020, California will emit 25 percent less carbon dioxide than it now does.
You Can Learn a Lot at Hooters
Hooters, in an age of globalization, has imported a Japanese concept without paying a single penny for import duties.
The Looming Lactation-Station Crisis and How to Solve It
The newest crisis of what the left describes as “social injustice.”
Intertwined Insanities
The insanities of Islamo-fascism and of environmentalism are connected.
Wage Rates and Purchasing Power
Environmentalism thus stands a very strong chance of ultimately reverting to the more traditional socialism of massive government construction and engineering projects.
Incitement to Class War
The principal obstacle in the way of saving and capital accumulation and thus the rise in real wages is government welfare-state spending.
Mining for the Next Million Years
Our growing problems in connection with the supply of natural resources are not caused by nature but by us.
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