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The Keynesian Propensity to Spend

We have all heard the claim that government spending can “kick-start” the economy when it falters. For example, governments all over the world introduced a steady stream of stimulus packages that were intended to compensate for the effects of the 2008 recession. In trying to understand the logic for such economic machinations, we can look […]

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Is Freedom Finished?

In olden times, the size and scope of the state was necessarily limited due to the fact that individual productivity was low. Taxes had to be limited because each citizen had little to offer. The ruling king or dictator typically made the most of it by building several palaces and funding a limited bureaucracy consisting […]

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Quest for a Tinfoil Hat Utopia

“You want to be an elephant when you grow up? You be an elephant. Because this is Zootopia.” – Judy Hopps to Finnick the fox in the Walt Disney movie Zootopia.  If history has taught us anything, it is that the real world is a rough and tumble place. Survival is not guaranteed. It takes […]

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I Become a Luddite When I Think About How the State Uses Technology Against Us

Most every human on earth has benefited from advancements in technology.  For example, farming has become so productive that each farmer now feeds more than 125 people.  The technologies of electricity generation and distribution have allowed billions of people around the world to enjoy light even after the sun has set.  Airplane technologies have revolutionized […]

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Will Negative Interest Rates Save Us?

The modern banking system has been very successful at keeping most economists, politicians, mainstream media pundits and even many bankers confused about its real modes of operation. The confusion has been so great that the Bank of England’s Monetary Analysis Directorate recently published the papers “Money in the Modern Economy: An Introduction” (link here) and […]

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