Economics

270 Articles 4 Followers


To Close On Competition

24 Sep 2023 1 minute read 1 comment OfTheFreeMarket

 “There is a tendency among some businesses to criticize and belittle their competitors. This is a bad procedure. Praise them. Learn from them. There are times when you can cooperate with them to their advantage and to yours! Speak well of them and t...

The Importance Of Mutual Consent

20 Sep 2023 1 minute read 0 comments OfTheFreeMarket

“No man is good enough to govern another man without the other’s consent.” -Abraham Lincoln Being able to choose to buy something or freely participate in a transaction brings more value, more personal investment and a better outcome for both parties...

Voluntary Exchange

20 Sep 2023 1 minute read 0 comments OfTheFreeMarket

“The most important single central fact about a free market is that no exchange takes place unless both parties benefit.” -Milton Friedman  One of the best things about the free market is mutual consent that goes into each transaction. No transaction...

Big Government Is Bad

20 Sep 2023 1 minute read 0 comments OfTheFreeMarket

“Government regulation stifles innovation.” – ofthefreemarket.com Big government stifles competition, and discourages innovation through heavy market regulation. A heavily regulated economy hands control of businesses to a select few. This means a ma...

Stonks up, Bitcorns up, Oil up, Gold up, Yields up, Dollar... up?

16 Sep 2023 2 minute read 0 comments Faybomb

Everything was up Thursday. In my non-traditional finance bro experience, that’s fairly unusual. In the past, we’ve generally seen some of those assets have an inverse correlation. For example, here’s the dollar index overlayed with gold futures goin...

Private property

15 Sep 2023 1 minute read 0 comments fmiren

Private property is at the core of the liberty and civilization itself. Friedrich Hayek in his "The Fatal Conceit" notes the historical pattern: if central authorities cannot keep themselves from suppressing the freedom for their citizens by abusing...

Craft Breweries Crashing, but no real loss...?

8 Sep 2023 1 minute read 0 comments RealSociology

The number of craft breweries going out of business has trebled in the last year compared to the previous year, with 45 mostly smaller breweries going out of business in 12 months ending March 31st 2023. The reasons for this aren't particularly...

How Can You Improve Your Finances For The Future?

3 Sep 2023 3 minute read 0 comments VitalyTennant.com

It’s sensible to think about more than the here and now when it comes to your finances. Being organized and planning for the future can set you up for success and provide you with more security, so it is always worth thinking about. Here are some ide...

Low rates - are they necessary or artificial?

25 Jul 2023 1 minute read 0 comments fmiren

Decades of low-interest rate policy by central banks distorted economy. 2007-2008 financial crisis happened due to artificially low interest rates and cheap money. Failures of several banks recently were also due to that irresponsible policy. Henry H...

The Seen and the Unseen

18 Jul 2023 1 minute read 1 comment fmiren

“Economics in One Lesson” by Henry Hazlitt is perhaps the best introduction to economics in a popular language.  It is a well-written book on the basics of economics. By exposing economic fallacies and failures of economic policies, it explains the s...