Capitalism and Freedom
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Capitalism and Freedom
Texts collected online on Capitalism, Free Markets and Liberty
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Weekly Macro: One step closer to a meeting of the Cardinals?

Weekly Macro: One step closer to a meeting of the Cardinals? | Capitalism and Freedom | Scoop.it

We spent considerable time today discussing the "banking union" which seems to be the economists' and policy makers' favorite panacea for the EU debt crisis. Our conclusion is that we can't see why or how this will be the eventual solution.

We do see why the bank union idea is "appealing" from a political and an economist's point of view, but it is basically like trying to building a house with no foundation - and starting the buildilng process with a new roof so it won't rain on you!

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Ron Paul vs. Paul Krugman: Austrian vs. Keynesian economics in the financial crisis

RON PAUL VS. PAUL KRUGMAN AUSTRIAN VS. KEYNESIAN ECONOMICS IN THE FINANCIAL CRISIS Why do modern economies go through the "business cycle" of booms and busts...
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Overdose

Sorry for the Portuguese but still worth seing for the quotes from guests. Don't miss out on minute 16 where Chairman Bernanke shows us how we came to this...

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Daily Show: GSA-holes

The General Services Administration blows almost a million in tax dollars on lame bulls**t in Vegas.
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The Chimera of Contracyclical Policies

The Chimera of Contracyclical Policies | Capitalism and Freedom | Scoop.it
The fundamental error of the interventionists is that they ignore the shortage of capital goods.
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Guest Post: Italy And The Great Tax Revolt | ZeroHedge

Guest Post: Italy And The Great Tax Revolt | ZeroHedge | Capitalism and Freedom | Scoop.it
Taxation is theft.

There is no denying this. If I and a few brutes appeared at the door of an unsuspecting individual and demanded monetary compensation less we drag him off to jail, this would be a clear cut case of robbery. It is a common tactic used by mobs or street gangs to offer protection with the barrel of a gun. The only difference between shakedowns by private thugs and those employed by the state is the badge. The badge legalizes extortion and imprisonment.

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Krugman Rebutts (sic) Spitznagel, Says Bankers Are "The True Victims Of QE", Princeton-Grade Hilarity Ensues | ZeroHedge

Krugman Rebutts (sic) Spitznagel, Says Bankers Are "The True Victims Of QE", Princeton-Grade Hilarity Ensues | ZeroHedge | Capitalism and Freedom | Scoop.it

At first we were going to comment on this "response" by the high priest of Keynesian shamanic tautology to Mark Spitznagel's latest WSJ opinion piece, but then we just started laughing, and kept on laughing, and kept on laughing...

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Spain to Limit Cash Transactions to Fight Tax Fraud

Spain to Limit Cash Transactions to Fight Tax Fraud | Capitalism and Freedom | Scoop.it
Prime Minister Mariano Rajoy said the Spanish government will implement a series of measures to fight tax fraud at a Cabinet meeting on April 13 including limits on the use of cash.
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Portuguese strike against austerity snarls transport

Portuguese strike against austerity snarls transport | Capitalism and Freedom | Scoop.it
LISBON (Reuters) - Portuguese strikers halted trains, shut ports and paralysed most public transport on Thursday in protest at austerity measures that is nevertheless unlikely to temper the government's...
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