Spilled Milk And The Socialist Culture
- Category: Free Market
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A few days back dairy farmers staged a protest in Brussels (the centre of the EU Government). Their tractors and trucks blocked the streets, they hosed the EU Parliament with milk and burned piles of hay and tires. You can read the whole nasty affair in the article "Farmers protest in Brussels against falling milk prices" published by Le Monde - France.
QUOTAS
Why are they so upset?
Because the EU government…
You Can't Run, Hide And Now You Can't Even Talk About It!
- Category: Reality Check
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Some time ago we explained why we are all prisoners having no place to run (Your Country Is Your Prison Cell). We also explained why we can't even hide (This Is The End). But now the inevitable third development is becoming a reality; very soon you won't be able to express your opinions. No. It's not that you will be monitored all the time or censored if you cross the…
CLIBEX Index Released
- Category: Lessons
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Today we are releasing a follow-up from our LIBEX Index. Its name is Country Liberation Index (CLIBEX). This index estimates the proximity of a country to a Libertarian system and, more importantly, its tendency towards or away from it.
It is linked in our new Political Evolution Indices page at the site, under the Main Menu.
We hope you enjoy this new and exciting point of view, brought to you by the usual…
You The Tax Collector - Part 2 of 2
- Category: Taxes
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NOT DONE YET
Ah…You believed that we are done, right? Well… we are not. All those calculations above are strictly "compliance" expenses and expenditures. Things that an accountant can measure quite easily. Things such as:
- Individual taxation
- VAT Taxes
- Sales Taxes
- Property Taxes
- Business Taxes
- Corporate Taxes
- Pension Taxes
- Employment Insurance Taxes
And so on.
But what the Fraser Institutedid not compute were the "other" expenses incurred by people or…
You The Tax Collector - Part 1 of 2
- Category: Taxes
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THE HIGH PRICE OF TAXES
Most sane people hate paying taxes. They do so because even at the most intuitive level they do understand that they are being robbed. Sure, people always like "free" and will go to great lengths to get "free money" or "free stuff" from the government, but the one thing is "independent" from the other precisely because that's how people have been "trained" to think about…
How To Spot A Bubble - Part 2 of 2
- Category: Economic Conditions
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EXAMPLES
Following up with our first half, we are going to provide several synthetic examples as to how this method should be applied. As you will see from these examples it is not difficult Actually, the most difficult part is to plot the data in Excel because typically no two data providers use the same time variables. Some use years, some quarters and some months/years. You will have to do a…
How To Spot A Bubble - Part 1 of 2
- Category: Economic Conditions
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We have spoken until we have become blue in the face and sick to the stomach about inflation. One of the main characteristics of inflation is that it keeps creating more inflation. As artificial "stimulus" wears off more inflation is necessary to keep the economy from collapsing and this prompts politicians to create more money out of thin air which creates more inflation. The side effect of all this printing…
Why Large Government Projects Fail - Part 3 of 3
- Category: Bureaucracy
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COMPANY OR CORPORATE PROJECTS
Project Size
Corporate projects come in all sizes. Typically large projects undergo a "pilot" mini-project or at least a feasibility study to better understand requirements and challenges. Corporations rarely jump from nothing to a mega project. Large corporate projects not developed under government contracts are rare indeed. Budgets and deadlines are allocated realistically with the understanding that although there may be some flexibility there really isn't…
Why Large Government Projects Fail - Part 2 of 3
- Category: Bureaucracy
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GOVERNMENT PROJECTS
Project Size
Government projects are typically very large in size. They do not undergo a "pilot" mini-project to better understand requirements and challenges. Governments typically jump from nothing to a mega project. Who hasn't heard of a mega-highway or a monster dam or a major software system that went bust? Budgets and deadlines are allocated politically with the understanding, wink-wink, that they will shift. Basically, there are no…
