Posted in Economics, Socialism The Scam Called Social Security Jim Berger posted on February 21, 2020February 20, 2020 No Comment The beauty of this Socialist Security scheme (scam) is that the government has been able to pull it off for so many years. Most people don’t actually know how it works. Earlier, I asked you to take Read More
Posted in Economics, Socialism Socialist Benefits Jim Berger posted on February 20, 2020February 19, 2020 No Comment We all like benefits but look at the intervention required to provide those benefits. If you believe that intervention only applies to other people (i.e., rich people), let’s examine that Read More
Posted in Economics, Socialism The Source and Measure of Value Jim Berger posted on February 19, 2020February 18, 2020 No Comment Before I continue with my assessments of socialism and capitalism, I must return to a subject that I will touch on many times on this blog: the source and measure of value. For an economic system to Read More
Posted in Economics, Socialism A Review of Capitalism Jim Berger posted on February 18, 2020February 17, 2020 No Comment I have covered a lot of the subject of socialism before. I believe, however, that socialism deserves a lot more attention because of the rising popularity of socialism and socialist programs. But, Read More
Posted in Economics, Socialism Socialism: An Economic Ideal Jim Berger posted on February 17, 2020February 16, 2020 No Comment A lot of discussion and debate revolves around socialism as a replacement for capitalism. It’s easy to see why socialism makes sense to many people. Socialists advocate for many of the things we Read More
Posted in Economics, Money & Banking Who Actually Makes Money? Jim Berger posted on May 23, 2019January 27, 2020 No Comment In an earlier post, I described a contradiction between popular economic theory and statistical data. In this post, I will describe true premises upon which we can develop more accurate theories. Read More
Posted in Economics, Money & Banking Money Supply and Bank Reserves Jim Berger posted on May 15, 2019January 27, 2020 No Comment Introduction The fact that we perpetuate false or inaccurate theories causes at least one problem for understanding money and its role. For years economic classes have taught that the Federal Reserve Read More
Posted in Economics, Intervention A Triumph for Tyranny Jim Berger posted on April 30, 2019January 27, 2020 No Comment Introduction In 1831 Alexis de Tocqueville, along with his companion Gustave de Beaumont, traveled from France to the United States for — ironically — studying the U.S. prison system. Democracy Read More
Posted in Economics, Intervention Climate, Freedom, & Money Jim Berger posted on April 24, 2019January 27, 2020 No Comment Introduction “Climate change” represents the crisis de jure. We have no choice but to accept that human activity has created a crisis level of change in the climate of the world. To deal with Read More
Posted in Economics, Money Matters Book Economic Principles Jim Berger posted on March 6, 2019January 27, 2020 No Comment Principles play a critical role in the development of any theory. Including economic theory. Definition Principle: “A fundamental truth or proposition that serves as the foundation for a system of Read More