Comments on: Inflation in One Page

By: Donald M. Coder

Donald M. Coder — Tue, 01 Sep 2009 07:58:45 +0000

Inflation in one sentence: Our national leaders are children, they have their hands in the cookie jar, and they are killing the goose that laid the golden egg. Donald M. Coder, MD, PhD

By: Robert Villegas

Robert Villegas — Mon, 31 Aug 2009 17:13:57 +0000

Hazlitt would be proud. You nailed it. I\’m amazed at how people think that government can fix a problem that it causes.

By: Travis

Travis — Mon, 31 Aug 2009 13:12:21 +0000

The ignorance as to what a free market is or is not is appalling.
To start with, markets are a setting where individuals exchange goods and services. The setting, i.e., the so-called market, is not capable of purposeful action. Only individuals act.

We do not have a free market setting. If we did, there would be no Federal Reserve. There would be no individuals, i.e., legislators, bureaucrats, & Etc., hiding behind the skirt of the Mother-state (with her claimed monopoly of legalized violence) intervening in the civilized, voluntary actions of individuals in a free market setting.

A true free market setting, with the requisite division of labor and private property rights, requires numerous acts of cooperation to succeed. As no business can force any individual to buy its product or service, cooperation and persuasion are a must. Competing for government favor is the dog-eat-dog setting.

What we have is crony capitalism or corporatism, a system in which
rent-seeking businesses jockey for government favor to suppress its competitors. There is nothing free about it.

Travis

By: Michael Holman

Michael Holman — Tue, 07 Jul 2009 15:30:48 +0000

It is amazing that an article 31 years old can sound like it was written for today. I guess Hayek was right when he said that there should be two prerequisites for being an elected politician: 1. You take a course in economics; and 2. you pass it.

By: Steve

Steve — Mon, 06 Jul 2009 18:26:09 +0000

Face it, we are screwed! It is only a matter of if we go over the cliff now or a few more turns down the mountain road.

By: Rob

Rob — Fri, 29 May 2009 00:35:28 +0000

I agree government and only government is the cause of inflation. The current crisis we are in has nothing to do with capitalism, unregulated markets, greed or speculation. It has everything to do with the FED printing money to fuel the fractional reserve banking nightmare and unbalanced budgets. Capitalism left alone will correct itself. None of this could have been possible without free and cheap money handed to unethical firms feeding at the trough of greed created by the FED. Free market capitalism really has never been given a chance in our country due to political interests interfering in the market place.

By: John

John — Wed, 27 May 2009 01:14:16 +0000

The person who thinks inflation is not caused by too much government spending does not understand fractional reserve banking.

By: PAUL W.. HORN

PAUL W.. HORN — Tue, 26 May 2009 15:05:32 +0000

THERE WILL ALWAYS BE NON-WORKERS.

A BALANCED BUDGET WORKS BETTER THAN DEFICIT SPENDING.

By: PAUL W.. HORN

PAUL W.. HORN — Tue, 26 May 2009 15:03:35 +0000

NEVER SPEND MORE THAN YOU HAVE, HAS HISTORICALLY BEEN TRUE. WHY VIOLATE THAT NOW?

EVERY “THEORIST” SHOULD REALIZE THAT NOT ALL PEOPLE EQUALLY WANT TO
WORK. THERE WILL ALWAYS BE A SMALL PERCENTAGE (LESS THAN 10%) WHO AVOID WORK. IF WE SUPPORT THE DISINCLINED, OR NON-WORKERS, THEY WILL CONTINUE TO LIVE ON THE “GRAVY TRAIN”. THUS, THE WORKERS WILL CONTINUE TO SUPPORT THE NON-WORKERS. SOMETHING WRONG HERE.

By: Stephen Grossman

Stephen Grossman — Fri, 10 Apr 2009 00:48:59 +0000

Bransby: trickle down economics [but a] widening of the gap between rich and poor

This is Marxist intellectual fraud. Its possible for rich and poor to both benefit despite a widening gap. Marxism is a demand to sacrifice prosperity to equality. Marxists would condemn giving a low wage job to an unemployed person if the employer’s increased profit is MORE than the low wage job. There is no fact, not even Marxist mass murder, that will stop current Marxists from dishonesty.