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Tag Archives: public
The Weakness of Public Schooling
A valedictorian speaks out against public schooling, The speech transcribed here.
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
Growing Bureaucracy
Dan Mitchell on a growing bureaucracy and their growing wages. Continue reading
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
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
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