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Wednesday, June 30, 2010

Evil Forces Are Again Assaulting The Gates Of Civilization

Like a vampire, cap-and-trade regulations seem never to die, returning again and again to suck the life blood from our economy.

Posted by Thomas E. Brewton on 06/30 at 03:53 PM
Junk Science • (0) Comments
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The Daily Socialist - 6/30/10

Despite liberal-progressives’ fantasy, interest rates on Treasury securities and other debt instruments, in the real world, can’t be controlled by the New York Federal Reserve Bank’s open market desk.

Posted by Thomas E. Brewton on 06/30 at 03:42 PM
Economics • (1) Comments
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Tuesday, June 29, 2010

Lessons Liberal-Progressives Never Learn

Why less government spending would mean less economic trouble

Posted by Thomas E. Brewton on 06/29 at 09:58 PM
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Monday, June 28, 2010

The Daily Socialist - 6/28/10

The Fed’s expanding the money supply adds nothing to wealth.


Quote:

The more I read Paul Krugman’s columns and papers, the more I realize just how great the gulf is between Austrian and Keynesian thought. It is impossible to sum up all of the differences between the two camps, but I do think that perhaps the disparities can be summed up in the Austrian rejection of Keynes’ famous 1943 statement that expansion of credit by the central bank will create a

Posted by Thomas E. Brewton on 06/28 at 12:04 PM
Economics • (1) Comments
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Inflation Flowers

Read Inflation May Be Ahead Despite Federal Reserve Outlook

Posted by Thomas E. Brewton on 06/28 at 11:51 AM
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Eric Voegelin And Gnosticism

Professor Voegelin was a pioneer in identifying secular religions such as socialism with the pattern of gnosticism experienced in ancient times.

Sunday, June 27, 2010

It’s Time To Wake Up To Reality

Abandoning our western heritage of Judeo-Christian religious morality has pushed us toward social and economic disintegration.

Friday, June 25, 2010

The Daily Socialist - 6/25/10

Krugman’s prescription: spend now and screw future generations.

Dismissing the catastrophic costs of inflation, Krugman’s hero Keynes flippantly said, “In the long run, we’re all dead.”  One oddity is that he said this on the heels of Germany’s savagely destructive hyperinflation, caused by the loose money, deficit spending policies Keynes advocated, a hyperinflation that set the stage for Hitler’s accession to power.

Posted by Thomas E. Brewton on 06/25 at 10:42 PM
Economics • (6) Comments
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After Our Bubble

The July-August edition of the Harvard Alumni Magazine offers an interesting overview on prospects for American economic recovery

Posted by Thomas E. Brewton on 06/25 at 02:18 PM
Economics • (1) Comments
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The McChrystal Affair

Thomas D. Segal gives us a combat veteran’s perspective.