Afghanistan cannot succeed through forceful “nation-building”. Afghanistan’s route to prosperity will have to be a tough internal political evolution, and can only come through the market.
Posts under ‘Current Events’
The South African Experience With Redistribution
South Africa’s redistribution plans fail.
U.S. Postal Service: Another Government Failure
The postal service is yet another example of how government monopolies are inefficient.
The European Tragedy
A note on Greece and Spain, the fall of the euro, and the people’s tragedy which Spanish history represents.
Government Cannot Self-Regulate
Government cannot even handle itself.
Who is to Blame for the High Cost of Healthcare?
Charles Fain Lehman provides a quick look into the world of health insurance, showing why health care is so expensive and difficult to attain. The health care market is not a market failure, but a result of government regulation.
Haiti: Two Hundred Tragic Years
Haiti, in the long-term, needs a government which supports the free-market, property rights and entrepreneurship. In other words, Haiti needs to move towards liberty and laissez-faire, otherwise it will remain susceptible to continued tragedies.
Healthy Recovery
Important economists are misinterpreting several statistics and falsely pointing towards impending recoveries. The truth is actually quite different. There is higher probability a future double-dip, or a secondary economic collapse.
News from the Eurozone
The European Central Bank ends “extraordinary liquidity” measures, but maintains key interest rates at record lows.
China’s Bubble Economy Re-Appears
China’s economic growth is turning out to be just another financial bubble ready to pop. The lesson is clear: monetary expansion causes economic instability. This bursts two theoretical bubbles: one, that instability is inherent in global capital markets, and two, that we are preparing to lift out of recession.
