Monthly Archives: July 2010

Keynesian fail – manipulating “aggregate demand” does not equalibrate the supply and demand for inputs

A basic understanding of the price mechanism exposes the pseudo-science of Keynesian economics: It was John Maynard Keynes .. who ultimately succeeded in rehabilitating a view long the preserve of cranks ..  He had attempted by a succession of new … Continue reading

Posted in Keynes, labor, price mechanism | 4 Comments

The most talked about read of the summer

Angelo Codevilla on America’s Ruling Class.

Posted in Intellectuals | 3 Comments

Is Obama a socialist?

I take up the question here.

Posted in Obama | 3 Comments

Is a new bubble the answer?

The Entrepreneurial Mind vs Ben Bernanke.

Posted in Bernanke | Comments Off on Is a new bubble the answer?

Learned helplessness & the road to serfdom

How the leftist elite uses dependence to caponize rivals to their power.

Posted in Tweets | Comments Off on Learned helplessness & the road to serfdom

Former head of the F. A. Hayek Foundation

Martin Chren has been appointed state secretary of the Economy Ministry in Slovakia.

Posted in news | 1 Comment