Featured

Articles that the author feels are of exceptional quality and that deserve special mention.

Government Employees Should Not Be Taxed

One of the things I find to be humorous about mainstream economics is the inclusion of government spending in the GDP metric. When government spending is included in this metric, it makes the assumption that government spending adds to the real wealth of the nation. Since “real” wealth translates into actual material goods and services that benefit humanity,…

Why Ben Bernanke and Paul Krugman Are Destroying the Economy

In 1974, Friedrich Hayek (an Austrian Economist) won the Nobel Prize in economics. The following excerpt is part of his prize lecture. I will be adding commentary to demonstrate why Hayek’s speech from 1974 is still relevant today. In the speech, Hayek points out the problems with mainstream economics (which has changed relatively little since…

Privatization of National Defense is the Best Way to Improve Society

An article I authored for PolicyMic: In this series of PolicyMic articles (part 1, part 2 here), I am laying out my argument for the privatization of national defense. Because the thesis of privitazing national defense would be that its benefits would not be separable between parties — and free-loaders could potentially enjoy the benefits of national defense without paying for it — my argument has…

America is Teetering on the Brink of Monetary Destruction

An article I authored for PolicyMic.com: The Wall Street Journal recently reported that in 2011, the Federal Reserve purchased a mind-blowing 61% of Treasury debt issuance. I’d wager that your average Joe Six Pack doesn’t have the foggiest notion of what this means or why it is important. In this article, I will explain the consequences of the Fed buying Treasury…

Spiritual Guidance For The Non-Religious Libertarian

I find that the more I learn about Austrian economics and libertarianism, the more independent my analysis of other issues becomes.  I no longer view people with doctorates as being the all knowing gods I once made them out to be in my youth. These days, when a PhD economist tells me that printing money…

Bernanke’s Gold Bashing Propaganda Tour

Article I wrote for PolicyMic: Ben Bernanke, chairman of the Federal Reserve , recently spoke at George Washington University while on a government sponsored campaign to help prop up the theory of central economic planning in the face of widespread public criticism. During his speech Bernanke took pot shots at free market money. Bernanke remarked that, “Since…

Fractional Reserve Banking With Bitcoins

I recently got into an argument over on the Reddit Bitcoin boards where I held the position that fractional reserve banking with Bitcoins was not possible.  I’ve repeatedly made this claim before due to the fact that I think no one would accept receipts for Bitcoins (bank notes) over actual Bitcoins.  However, the argument on…

Obama Admin Says It Doesn’t Need Congressional Approval To Wage War

Under questioning from Sen. Sessions at a Senate Armed Services Committee hearing today, Defense Secretary Leon Panetta stated that “international permission,” rather than Congressional approval, provides a ‘legal basis’ for military action by the United States. Sen. Jeff Sessions:  Do you think that you can act without Congress to initiate a no-fly zone in Syria, without…