Donations
Please consider donating to help keep this blog running.
- Economic Thought on Facebook
Tag Archives: Investment
125,000 Jobs Lost
One of the obstacles to employment is the lack of strong, sustained growth. It is entrepreneurship and investment which leads to employment, not employment which leads to entrepreneurship and investment. Continue reading
Robert Murphy on the Double Dip
I’d like to come to Murphy’s defense regarding inflation and offer some points on the possibility of a double-dip. For the time being, I predict a continuation of the upward inflationary trend. We are seeing a greater destruction than production of wealth, as it flattens the structure of production. This is a trend towards impoverishment, not recovery, and does indicate the possibility of an increase in the rate of change of CPI. Continue reading
Posted in Uncategorized
Tagged Bubble, consumer, debt, Depression, dip, double, expenditure, Great, index, inflation, Investment, price, Private, production, public, Recession, stagflation
2 Comments
Passion as a Liberty
Entrepreneurship is an extension of the process of rationalization, and is a characteristic innate in the human spirit. Government can only serve to hinder the entrepreneur from finding opportunities to invest and create wealth. As a result, government contributes a net loss to wealth creation. Continue reading
Posted in Property, Theory
Tagged devleopment, entrepreneurship, incentive, Investment, ownership, passion, selfishness, utilitarianism
2 Comments
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. Continue reading
Posted in Current Events
Tagged earthquake, entrepreneuship, free, Government, Haiti, Investment, market, prosperity, tyranny, Wealth
4 Comments
A Spanish Entrepreneur vs. The State
The story of Pedro Permnyer and Francisco Bultó’s motorcycle manufacturing firm named Montesa. Continue reading
Posted in History
Tagged entrepreneurship, Government, Investment, regulation, risk, Spain, State, taxes
1 Comment
Don’t Be Fooled by GDP
Third-quarter data for 2009 is misleading, because most of the growth in GDP is only temporary and will cost us the same, or more, in the near future. Economic prognostics should not be based on GDP data, but on sound economic theory. Continue reading
Posted in Theory
Tagged consumption, domestic, Government, Great, gross, Investment, Private, product, public, Recession, spending, Statistics
2 Comments
Spain to raise taxes on foreign entrepreneurs
Spain’s PSOE government plans to raise taxes on wealthy foreigners living in Spain from 24% to 43%, effectively shattering the attraction Spain offered to foreign entrepreneurs and their capital. Continue reading
Posted in Politics
Tagged confiscation, income, Investment, PSOE, Socialism, Spain, taxes, Theft
Leave a comment
Forestation through the Free-Market
Roughly half of the world’s original forested surface area no longer exists. We depend on these forests for our survival. The key to long-term ecological sustainability is the free-market and private property rights. Continue reading
Posted in Property, Theory
Tagged Deforestation, Ecology, free, Government, Green, Intellectuals, Investment, market, Movement, Private, Property, rights, Sustainability
Leave a comment
Taxes Discourage Production
A chapter from Henry Hazlitt’s “Economics in One Lesson”. Hazlitt explains why taxation will discourage investment and production, disallowing new jobs from being created and perpetuating unemployment. Continue reading
Posted in Theory
Tagged Econimics, goods, Government, Hazlitt, Investment, Lesson, One, production, public, taxes, Theft
Leave a comment
Krugman and the Paradox of Thrift
Paul Krugman doesn’t get economics. Continue reading →