Category Archives: Government Debt
On Maximum Collective Welfare
“Look back over the past, with its changing empires that rose and fell, and you can foresee the future too.” – Marcus Aurelius Gradually Reducing the Minds of Men The Roman Republic was corrupted long before Marcus Aurelius came to … Continue reading
The Best Laid Schemes of Mice and Men
Japan can’t seem to catch a break. On Wednesday, for instance, Japan’s Finance Ministry reported that Japanese exports increased 6.4 percent to $51.2 billion in January from a year earlier. Unfortunately, imports rose even faster…climbing 7.3 percent to $68.6 billion. … Continue reading
How to Erase the Federal Debt and Other Bad Ideas
The world is rife with bad ideas. Just open your eyes and look around. Hardly a blink can be made without some bad idea coming into view. What’s more, the worse the idea…the more popular it becomes. Here’s a partial … Continue reading
Facing the Facts of Financial Doom
Our politicians’ appetite to spend money they don’t have will never be satisfied. There’s always a boondoggle or meritless program in need of pork. Likewise, there’s always a politician or representative in need of votes. Spending other people’s money brings … Continue reading
