Production for Profit Is Production for People
“Profit and loss can be expressed in definite amounts of money. It is possible to ascertain in terms of money how much an individual has profited or lost. However, this is not a statement about this individual’s psychic profit or loss. It is a statement about a social phenomenon, about the individual’s contribution to the societal effort as it is appraised by the other members of society. It does not tell us anything about the individual’s increase or […]
Pseudo-Liberalism
“The detractors of liberty are in this sense right in calling it a ‘bourgeois’ issue and in blaming the rights guaranteeing liberty for being negative. In the realm of state and government, liberty means restraint imposed upon the exercise of the police power. “There would be no need to dwell upon this obvious fact if the champions of the abolition of liberty had not purposely brought about a semantic confusion. They realized that it was hopeless for them […]
End Congress’s Christmas Tradition
I am not referring to the lighting of the White House Christmas tree but to passage of a “continuing resolution” (CR) funding the government and thus avoiding a Christmastime government shutdown.
On Stephen Miran On Trump’s Tariffs
Tweet For alerting me to the Sander Gerber and Stephen Miran piece in Barron’s I thank Phil Magness. Editor, The Corner National Review Editor: I almost never find myself disagreeing with Andrew Stuttaford, but I do so today as I read his applause of Trump’s choice of Stephen Miran to head the Council of Economic Advisors (“Stephen Miran Nominated to Chair the White House Council of Economic Advisers,” December 22). Although Miran is impressively credentialed as an economist, […]
Just 2 criminal organizations doing what they do, attacking productive people
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What is the Sturzenegger model
The Sturzenegger model refers to a set of economic theories and policies associated with Federico Sturzenegger, an Argentine economist known for his contributions to macroeconomics and monetary policy. The model encompasses several key aspects: Economic Deregulation and State Transformation Sturzenegger’s recent work focuses on reducing the size and cost of government, increasing efficiency, and promoting economic liberalization[3]. As the newly appointed Minister of Deregulation and State Transformation in Argentina, he is tasked with: Downsizing the state apparatus Reducing […]