background preloader

Foundation for Economic Education

Foundation for Economic Education

Related:  Of Various Interests and Possibly beyond the PaleEconomic Thought

16 Weird Tumblr Accounts To Follow Actresses Without Teeth Celebrities are often scary enough with teeth. Without them, they bring a whole different level of terror as Actresses Without Teeth shows us. LiarTown USA Created by Sean Tejaratchi (@ShittingtonUK on Twitter), LiarTown USA features Photoshop art based on everyday ephemera like weird vintage books, photos, and fast food menus, and ranks among our favorites. Friedrich Hayek - Wikipedia Friedrich Hayek CH (German: [ˈfʁiːdʁɪç ˈaʊ̯ɡʊst ˈhaɪ̯ɛk]; 8 May 1899 – 23 March 1992), born in Austria-Hungary as Friedrich August von Hayek and frequently referred to as F. A. Hayek, was an Austrian and British economist and philosopher best known for his defense of classical liberalism. Hayek shared the 1974 Nobel Memorial Prize in Economic Sciences with Gunnar Myrdal for his "pioneering work in the theory of money and economic fluctuations and ... penetrating analysis of the interdependence of economic, social and institutional phenomena

Communist Manifesto 10 Planks Read the 10 Planks of The Communist Manifesto to discover the truth and learn how to know your enemy... Karl Marx describes in his communist manifesto, the ten steps necessary to destroy a free enterprise system and replace it with a system of omnipotent government power, so as to effect a communist socialist state. Those ten steps are known as the Ten Planks of The Communist Manifesto… The following brief presents the original ten planks within the Communist Manifesto written by Karl Marx in 1848, along with the American adopted counterpart for each of the planks. From comparison it's clear MOST Americans have by myths, fraud and deception under the color of law by their own politicians in both the Republican and Democratic and parties, been transformed into Communists. Another thing to remember, Karl Marx in creating the Communist Manifesto designed these planks AS A TEST to determine whether a society has become communist or not. 1.

Eugen von Böhm-Bawerk Eugen Böhm Ritter von Bawerk (German: [bøːm ˈbaːvɛʁk]; born Eugen Böhm; February 12, 1851 – August 27, 1914) was an Austrian economist who made important contributions to the development of the Austrian School of economics. He was the Austrian Minister of Finance intermittently from 1895–1904, and also wrote a series of extensive critiques of Marxism. Biography[edit] Technology Killed The Government Czar – How The State Is Becoming Obsolete I believe we are heading into a technological age in which what we know as government will become obsolete. Even now, what we think of as great leaps forward by our government is simply the product of the minds of free market leaders. For example, when Americans decided to go to the moon, NASA was established. However, the people who actually made this happen were the best and the brightest of the private sector at that time. It was these people who, in just a little over 10 years, were able to put a man on the moon, and not the people in government. That generation of innovators and entrepreneurs has come and gone, and we are now left with a new generation of scientists who go straight from school to life-long government funded jobs.

Is there a direct relationship between government expenditures and economic growth? - ResearchGate The question whether or not government expansion causes economic growth has divided policy makers into two distinctive theoretical camps, as proponents of either big government or small government. Economic theory would suggest that on some occasions lower levels of government spending would enhance economic growth while on other occasions higher levels of government spending would be more desirable. From an empirical perspective the evidence generated becomes more confusing as a number of studies favor one or the other approach. The substantial growth of the size of government expenditures in both the developed and developing nations since World War II, and its effect(s) on long-run economic growth (or vice versa), has spawned a vast literature that offers diverse attempts to explain the observed phenomenon. On the one hand, public finance studies have been directed towards identifying the principal causes of public sector growth.

1913: America's Worst Year - Introduction By Fennoman | February 12, 2008 While we're a young country, we've had some bad things happen to us. Some early wars, civil war, terrorist attacks, natural and economic disasters have all been experienced throughout our history. And as bad as some of these things are, they're not the worst things that have happened to the country. The worst things were seemingly unrelated and not very bad. In fact, at the time, they were heralded as improvements on what we had. Carl Menger Carl Menger (German: [ˈmɛŋɐ]; February 23, 1840 – February 26, 1921) was the founder of the Austrian School of economics. Menger contributed to the development of the theory of marginal utility, which contested the cost-of-production theories of value, developed by the classical economists such as Adam Smith and David Ricardo. Biography[edit]

Joe Nolan's Insomnia Halloween Rising For this latest spooky October post, I’ve grown a little bit impatient with the month and I want to cut to the chase. Here’s a nice little primer on the Celtic roots of the Halloween holiday and its evolution through the ages to the seemingly silly, scary celebration we know today. Do the souls of the… Read More »

A Beginner’s Guide to Austrian Economics – Voices of Liberty “Everyone carries a part of society on his shoulders; no one is relieved of his share of responsibility by others. And no one can find a safe way out for himself if society is sweeping towards destruction. The Educate America Foundation - Patriots At the time of this writing, September 25th 2008, the U.S. House and Senate are poised to pass a $700 billion bailout to Wall Street. At the behest of President George W. Bush, the U.S. taxpayers are going to be on the hook for what can only be referred to as the biggest fraud in U.S. history. Virtually our entire financial system is based on an illusion.