In Gold We Trust
- Category: Gold & Silver
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We have written many times about gold and we have done so always using a positive outlook (see for example Gold Is A Shiny Beacon Of Hope or Real Money For A Real Economy ). Does this mean that gold is a good investment? Does this mean that you should rush to your favorite gold dealer or trusty trading entity and fill in your account with gold? Not at all.
GOLD AS…
Million Jobs Plan! - Part 2 of 2
- Category: Politicians
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A GOVERNMENT WE CAN AFFORD
In this part of the plan they propose to get rid of the province's yearly deficit by increasing economic growth and cut spending.
InAction -- reduce government spending
They propose to review every government program, keep those that work, fix those that do not work and cancel the remaining. This is all nice but the reality is that all government programs are useless. The only…
Million Jobs Plan! - Part 1 of 2
- Category: Politicians
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That's right ladies and gentlemen of the jury, politicians who promise to have a cake and eat it too still exist today. One such example can be seen at what's happening in Ontario, Canada. Over there is going to be a provincial election and politicians are salivating all over themselves. One such politician is Tim Hudak from the Conservative Party.
They just came out with the master plan to fix…
Bureaucracy Until Death Do Us Part
- Category: Health Care
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The BBC (British Broadcasting Corporation) is an anachronism; it is a leftover from older times when everything had to be done by governments. However, it must be clearly recognized that many of its documentary programs are first rate and second to none. One such program it's called the Unreported World and was broadcasted through Channel4 - BBC. A few days back its episode was called "Africa's Drugs Scandal" and it…
Pi, The Forbidden Letter
- Category: Intellectual Property
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That's right. You can't have it. At least not if you manufacture clothing. At least not if you live in the US. This is what the United States of America Patent and Trademark office says. It happened on the 28th of January, 2014. While all the mathematicians were trying to unravel the mysteries of the universe a clever guy from Brooklyn in US decided to go to the patent office…
A Gigantic Waste Of Legal Time
- Category: Education
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There is a lawsuit going on in California that is supposed to rewrite legal history. A bunch of kids have taken the government of California to court because they demand to have access to highly qualified teachers. According to them this right should be fair and widespread as a matter of equality. You can read the whole article in The Daily Beast.
The basic problem is that according to California…
Lesson #214 - The Strange Case Of Corporate Sovereignty - Part 2 of 2
- Category: Lessons
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THE SOLUTION
Free markets
If more laws and regulations are not the answer, then what is?
The free market. In a free market the only valid agreement is a voluntary agreement among parties. Since there are no governments to lobby or processes to co-opt it is the pure free market that decides the faith of all participants. The free market has only one rule: serve your customers or go broke.…
Lesson #214 - The Strange Case Of Corporate Sovereignty - Part 1 of 2
- Category: Lessons
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This is a serious issue that requires serious consideration, even if the title is a bit jovial. Last year there was an article published by the UNCTAD (United Nations Conference on Trade and Development) in its Investment Policy Hub which was titled "Investment Agreements versus the Rule of Law". This article poses a grave question that must be answered honestly.
THE SITUATION
Globalization
Over the last few decades there has been a rush…
Fourth Project Released
- Category: Lessons
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Today we are releasing the fourth project. Its name is Efficient Socialist Scale Type II (ESS II) and it is an improvement over ESSI. It attempts to rank countries by the level of their honest economic socialism against the USSR as a benchmark. As usual, it is linked in our Projects page at the site, under the Main Menu.
We hope you enjoy this new and exciting point of view, brought to…
