Tag Archives: economics

The Failure of the Welfare State

Dear Friends, It seems to me, Quantitative Easing, (QE), or in other words, monetizing debt, is the ultimate repudiation of welfare state economics. Greece, is the poster child for the failure of both the welfare state, (socialism by another name), … Continue reading

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Confusion About the Market System…

Dear Friends, It seems to me, very few people the world over actually understand what the market system really is, most have fallen into the trap set for them by new class Marxists, that the market is evil and government … Continue reading

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Should GDP Include Government Spending?

Dear Friends, It seems to me, to bring sanity into economic figures and government decision making, government spending should not be considered part of gross domestic product. Gross Domestic Product, (GDP), is a measure of national income. The number is … Continue reading

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QE Insanity

Dear Friends, It seems to me, if as Einstein said, “Insanity is doing the same thing over and over again and expecting different results…” then our Central Bankers are the most insane people ever born. The pseudo science of economics … Continue reading

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Solving Ukraine’s Problems

Dear Friends, It seems to me, Ukraine’s situation is rapidly deteriorating, impoverishing it’s citizens and pushing the breakaway areas with war and the threat of war. What a sad state of affairs for people who, because of their geologic location, … Continue reading

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Regulation in Canada and the US

Dear Friends, It seems to me, the contrast couldn’t be more stark between the policies of Canadian Prime minister, Stephen Harper and the US President, Barak Obama, the difference being their exuberance to regulate. I am of course talking about … Continue reading

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Arbitrary Rule and Great Poverty

Dear Friends, It seems to me, two of the most corrupting influences on Mankind, are both arbitrary power and great poverty. Both stultify the soul and wither one’s empathy, they lower a person’s thinking to the most base level, reducing … Continue reading

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What is a Well Educated Human Being?

Dear Friends, It seems to me, our children’s education is the most important factor in sustaining our civilization as a highly efficient, prosperous, healthy and free society, with a growing standard of living. We all agree that these are the … Continue reading

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On The Riots In Ferguson

Dear Friends, It seems to me, the fundamental reason there are riots on the streets of Ferguson is the deficiency of clear knowledge of what really happened, magnified by the lack of a fair process for the redress of grievances. … Continue reading

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You Cannot Control or Plan an Economy, It Can Only Be Ridden…

Dear Friends, It seems to me, an economy is an organic thing, like a horse or a flock of birds, as such it cannot be controlled it can only be ridden. Control is a science and riding is an art. … Continue reading

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