no third solution

Blogging about liberty, anarchy, economics and politics

Busy Reading

David Z | January 29, 2009

Currently reading bits and pieces of Böhm-Bawerk’s Capital and Interest, The Distributist Review and sporadically, Marx’s Kapital. No stone unturned, as the saying goes…
Busy busy… a few cross-country trips for work, and trying to hit the slopes occasionally and plan my mid-winter ski-trip, along with reading the above items my RSS reader is out [...]

New Hampshire Gold Bill

David Z | January 29, 2009

Steve Gresh posted a link on facebook. The legislature in NH wants to permit the use of gold/silver coins.
Let’s see them permit the use without subjecting their constituents to usurious capital gains taxes!
Under the proposed legislation, those citizens of New Hampshire who prefer to use irredeemable Federal Reserve Notes and base-metallic coinage may continue [...]

The Bizarro World of Banking

David Z | January 27, 2009

Q: Under what circumstances is it a “problem” when the people who have given you their property for safekeeping demand the immediate return of their property?
A: It is a problem if and only if the safekeeper has neglected his duty to his customers, and made use or otherwise disposed of their property for his own [...]

Is Wealth Being Destroyed? (Economic Myths, Dispelled)

David Z | January 26, 2009

Contrary to popular opinion, economic wealth is not being destroyed. It never existed in the first place. Responding to four myths perpetrated by The Economist.