The Greatest Story Never Told
- Category: War
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This is a catchy phrase that you may have heard often… but not like this. This is a movie, a documentary, a maddening retelling of human history when people battled each other as never before or since. It is the story of the world as it turned around one man: Hitler. But it is also a story about other men, who chose to reflect themselves in Hitler. It is…
Ukraine and Russia – People's Will Has Spoken
- Category: War
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We have all heard the news. Russia invaded Ukraine. More–or–less. We think. Maybe but not entirely. These evil, evil Russians at it again… perhaps.
And so we shake our apathy and seek the news… which happen to echo the official sanitized story depicting Western point of view from a position of complete ignorance. That's it! That will do it and the truth shall set us free.
THE STORY
The story…
Lesson #199 - You Can't Replace Something With Nothing
- Category: Lessons
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Most Austrian Economics or Libertarian critics are simply ignorant. They can't be bothered to actually read what those two disciplines propose. That's OK. Most people are indeed bored by such topics. Nature. We don't take it personally.
Alas, there is also a different type of breed; the type that reviews superficial arguments and instantaneously sides with them. This one we do take personally. They are simply lazy.
Their main argument…
Lesson #198 - Privatization Follies - Part 4 of 4
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WRITTEN GUARANTEES
People ask us if we can guarantee that free market–style privatization will bring all the benefits we advocate for, while creating robust free market–based private enterprises. Our answer is always the same: Sure! Absolutely! Positively! Unquestionably! Without any doubt! Oh… and if you believe this one, we can tell you another one!
We hate these types of questions not because they are difficult but because they are totally…
Lesson #197 - Privatization Follies - Part 3 of 4
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HOW TO PRIVATIZE
So far we have seen what governments do when they so–call "privatize" and why this process does not work. Now we are going to look at the correct way of doing it, although it is our duty to make sure you aware that in the end even this process is futile.
Lots of pain for very little gain
The main purpose of privatizing should be to correct…
Lesson #196 - Privatization Follies - Part 2 of 4
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HOW NOT TO PRIVATIZE
Why governments privatize
When governments finally decide to privatize, they do so overwhelmingly for one and one reason only: budgets. Governments are broke beyond measure and need to do something drastic to cut expenses… so that they may keep buying votes. The "solution"? Privatize… the government way.
For any government, privatizations are win–win scenarios. They receive a mountain of money… which they don't have to share…
Lesson #195 - Privatization Follies - Part 1 of 4
- Category: Lessons
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Privatization is a topic that ignites fierce arguments and in general terms it seems quite simple. We, the people, paid for (insert your favorite government enterprise or company here) and therefore to sell it out to the greedy (insert your most despicable and greedy enterprise here) would be grossly unjust and bordering criminality.
That's the 5 seconds summary. If only. If only it would be that simple!
LET'S BEGIN FROM…
Lesson #194 - Judicial Economy Is A Waste
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Today we are going to take a look at the primary reason why there is no "justice" in any democratic or pseudo–democratic or quasi–democratic system. The answer may surprise you.
OUR SYSTEM
Before we begin lets recall that in an Absolute Austro–Libertarian system the only purpose of "justice" is to bring things back to the way they were. Our justice system does not try to re–educate, punish or prevent people…
Lesson #193 - Evil corporations and consumer protection - Part 3 of 3
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WE FEAR THE FREE MARKET
Of course we do! We need to go back to the early 1900’s to have any firsthand experience with something resembling a free market. Who here can claim to be over 100 years old? Not too many. Hence, our generation and the generation before us do not have any experience with a free market.
And here we stand, asking you to take a leap of…
