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Corporatism Is Not Capitalism

Corporatism Is Not Capitalism

7 Things About The Monolithic Predator Corporations That Dominate Our Economy That Every American Should Know

Right now, there is a lot of talk about the evils of "capitalism".  But it is not really accurate to say that we live in a capitalist system.  Rather, what we have in the United ...

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The Consumption Tax: A Critique

The Consumption Tax: A Critique

The Alleged Superiority of the Income Tax

Orthodox neoclassical economics has long maintained that, from the point of view of the taxed themselves, an income tax is "better than" an excise tax on a particular form of consumption, since, in addition to the total revenue extracted, which is assumed to ...

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Reads: 742

CEOs On Obama's Job Creation Panel Are Shipping Jobs Out Of The United States

CEOs On Obama's Job Creation Panel Are Shipping Jobs Out Of The United States

There are 27 members on Barack Obama's job creation panel, and most of them are corporate executives.  The formal name of the panel is the President's Council on Jobs and Competitiveness, which is kind of ironic considering the fact that many of the CEOs on the panel have been rapidly shipping ...

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Reads: 918

Casey Research Summit Special Report: Surviving the Death of Money

Casey Research Summit Special Report: Surviving the Death of Money

When the currency system as we know it dies, some people will become very wealthy. In this special report from the Casey Research/Sprott Inc. Summit "When Money Dies," The Gold Report cornered Global Resource Investments Founder and Chairman Rick Rule, Casey Research Senior Editor Louis James and Casey ...

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Reads: 818

Bad Financial News Keeps Pouring In: 14 Facts That Just Might Scare The Living Daylights Out Of You

Will the bad financial news ever stop?  A lot of people in the financial world were hoping for a much better fourth quarter after an absolutely disastrous third quarter.  Well, if Monday was any indication, October could end up being a really rough month for global financial ...

Read more: Bad Financial News Keeps Pouring In: 14 Facts That Just Might Scare The Living Daylights Out Of You

Reads: 982

Prophets Of Doom: 12 Shocking Quotes From Insiders About The Horrific Economic Crisis That Is Almost Here

Prophets Of Doom: 12 Shocking Quotes From Insiders About The Horrific Economic Crisis That Is Almost Here

"....A major financial collapse in Europe would just accelerate our plunge into a new economic crisis...."

We are getting so close to a financial collapse in Europe that you can almost hear the debt bubbles popping. All across the western world, governments and major banks are rapidly becoming ...

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Reads: 988

17 Facts That Prove That The Average American Family Is Getting Absolutely Pulverized By This Economy

How in the world does the average American family survive in this economy?  The median household income is a little bit less than $50,000 a year right now.  So let's call that about $4000 a month.  But before any of that money gets spent, you have to take out at least $1000 in ...

Read more: 17 Facts That Prove That The Average American Family Is Getting Absolutely Pulverized By This Economy

Reads: 1353

The Fed's Long Shot

The Fed's Long Shot

Last week the Fed announced "Operation Twist," in which the central bank will buy $400 billion of longer-dated Treasury securities while selling the same amount of shorter-dated Treasuries. This episode epitomizes everything that is wrong with the modern, statist view of money.

The Goofy Name

Just ...

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Reads: 576

Who Benefited from Job Growth In Texas?

Who Benefited from Job Growth In Texas?

A Look at Employment Gains for Immigrants and the Native-Born, 2007 to 2011

Governor Rick Perry (R-Texas) has pointed to job growth in Texas during the current economic downturn as one of his main accomplishments. But analysis of Current Population Survey (CPS) data collected by the Census Bureau ...

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Reads: 1143

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