Understanding deflation
The fewer non-productive bubble activities we have, the better it is for those activities that actually crate wealth. But attempts to reverse deflation with new money creation only create new bubbles.
Category: Misc
Judiciary limiting government actions is a MYTH
The State has largely transformed judicial review from a limiting device to an instrument for furnishing ideological legitimacy to the government’s actions.
New Zealand’s Gun Grab Is Shaping Up To Be Massive Failure
With less than two months to go before the government-imposed deadline, fewer than 20% of the estimated number of banned firearms have been handed over.
The Real Entrepreneur Versus the Romanticized Entrepreneur
Many entrepreneurs go into the marketplace with romantic and abstract notions of how markets work. But there’s nothing romantic or abstract about the losses incurred by failed entrepreneurs.
10 “Subversive” Jokes That Could’ve Landed You in an East German Prison
Too hot (or just too honest) for the Stasi.
Albert Camus’s Forgotten Lesson on Liberty
It would be a shame to lose the wisdom and inspiration of Albert Camus.