Archive for Paul Cwik
Private Money Gets Ripped on bankrate.com
Yesterday I was looking at www.cnbc.com and there was an article on private money. I thought , “Excellent, the work of the Austrians is starting to get through.” Yes, I was wrong again. Apparently, if you don’t understand a concept, it is better to push it to the extreme and then make fun of it. [...]
25Feb2010 | Paul Cwik | 0 comments | ContinuedObama “believes” in the Free Market
Yesterday, it was reported (see here) that Obama claimed his programs were not socialist. Furthermore he said, “Contrary to the claims of some of my critics, I am an ardent believer in the free market.” Since the Clinton years, I have had to read such pronouncements through the lens of a lawyer. In particular I noticed that [...]
25Feb2010 | Paul Cwik | 6 comments | ContinuedIs There a Gold Bubble?
With all of the screaming and commotion I just had to look… In the summer of 2008 I was attending FEE’s summer seminar, and on my way back to my hotel room, I heard such an uproar I had to investigate. It was coming from the large ballroom and it was far too early for [...]
25Nov2009 | Paul Cwik | 12 comments | ContinuedA Market Based Approach?
I live in a small town, Garner, NC, which is right next to my state capital, Raleigh. There has been tremendous growth in the area. The other small towns are “revitalizing” their downtowns and, unfortunately, my town wants to do the same.In a letter to the local newspaper, the Executive Director of the Garner Revitalization Association [...]
11Nov2009 | Paul Cwik | 4 comments | ContinuedWSJ on Mises' B-Cycle
Did anyone happen to catch this article in Friday’s WSJ? “The Man Who Predicted the Depression–Ludwig von Mises explained how government-induced credit expansions led to imbalances in the economy.“
10Nov2009 | Paul Cwik | 1 comment | ContinuedThe True Price of a Hybrid
Prices are amazing. They are only little numbers, but they are so very useful. An economist will tell you that prices are the relative scarcities of items measured in monetary terms. The average businessman, if he ever really thinks about them, might say that they indicate which resources to use and which to avoid. Prices [...]
1Sep2007 | Paul Cwik | 5 comments | ContinuedA Government Program for All
My economics students often ask why, if the economic theory I present is correct, there is so much intervention in the economy. It reminds me of an observation made by Henry Hazlitt in Economics in One Lesson: It is often sadly remarked that the bad economists present their errors to the public better than the [...]
1Dec2006 | Paul Cwik | 2 comments | Continued-
The Latest
Contraception: Insuring the Uninsurable
Update below. Controversy rages over the Obama administration’s mandate that all employers – including... Read More
The Snow Plowers’ Petition
The following might have happened in a small college town in upstate New York… In a cold and snowy... Read More
Super Bowl versus Education?
In the spirit of Super Bowl weekend I’d like to deconstruct a Facebook status update that a friend... Read More
Capitalism, Corporatism, and the Freed Market
When a front-running presidential contender tells the country that thanks to Barack Obama, “[w]e are... Read More
Creating Jobs versus Creating Value
Picking on New York Times columnist Paul Krugman is one of the largest participation sports on the Internet.... Read More
