Greedy Capitalist Pigs

My friend shared the following meme on facebook (except I added “Get the full story at…”): Consider the following response I gave: Chris, do you agree that if they were forced to share profits then they might not have gone into business to begin with? It could be that forced sharing of profits with the … Read more

Monetary Policy and National Defense

This article will discuss the relationship between the monetary policy of a nation and its national defense. There is a relationship between economic policy and national defense. In particular, a government must ensure a strong and stable national currency in order for defense spending to be effective. When a country’s central bank prints money or … Read more

Charles Lindblom on the Market System

Charles Lindblom describes some advantages and disadvantages of the free market in The Market System. In the last two chapters he then discusses an alternative which he prefers. Keep in mind that Lindblom is widely considered ideologically leftist, liberal or statist. Despite that bent, even he cannot nearly deny the amazing power of the free … Read more

Defining Conservative Economics

This article will define conservative economics. Conservative economics is the same as free market economics, which is also called capitalism or free enterprise. Fiscal conservatism is one example of economic conservatism, but fiscal or budgetary policy comprises only a portion of a government’s ability to manipulate the economy. Conservative economics refers to both fiscal conservatism … Read more