Mises: The Meaning of Laissez Faire

Mises Laissez-faire

“Laissez faire does not mean: Let soulless mechanical forces operate. It means: Let each individual choose how he wants to cooperate in the social division of labor; let the consumers determine what the entrepreneurs should produce. Planning means: Let the government alone choose and enforce its rulings by the apparatus of coercion and compulsion.”

Read more at the Mises Insitute


The Morons Running the Show Have No Clue

More Dopey Drivel——Larry Summers ‘Splains’ Low Inflation


Larry Summers, a danger to society.

“It should be clear that as long as people like Mr. Summers and his cohorts in academe and policymaker circles are holding sway, things are absolutely certain to get worse. In fact, it is quite likely that there will eventually be a truly catastrophic denouement if the world continues down this path.”

Read more at David Stockman’s Contra Corner

Central Bankers Are Dangerously Incompetent or Worse

Draghi’s Deadly Derangement


“It can now be well and truly said that the ECB and other central bankers are so far down the rabbit hole that they have completely lost contact with common sense. They are trifling with microscopic two decimal point variations in consumer inflation rates which are utterly irrelevant to the economic welfare of the 19-nations which comprise the eurozone.”

Read more at David Stockman’s Contra Corner

Just Shut Up & Vote: The Futility Of Representative Government In An Age Of Robber Barons

By John Whitehead via The Rutherford Institute


“That’s the way the ruling class operates in any society. They keep the lower and the middle classes fighting with each other… Anything different—that’s what they’re gonna talk about—race, religion, ethnic and national background, jobs, income, education, social status, sexuality, anything they can do to keep us fighting with each other, so that they can keep going to the bank!”

– Comedian George Carlin

“We the people” have been utterly and completely betrayed.

The politicians “we the people” most trusted to look out for our best interests, protect our rights, and ensure that the nation does not slip into tyranny have cheated on us, lied to us, swindled us, deceived us, double-crossed us, and sold us to the highest bidder.

Read more at ZeroHedge


Voices Of Reason In An Unreasonable World – Meet The Free-Market Economist That Stood Up To Hitler


The loss of traditional human connections, the dehumanization of man in mass society, and the corruption of the political and economic marketplaces, Röpke argued, had created the sociological and psychological conditions for the emergence of and receptivity to the collectivist idea and its promise of a new community of man, a transformation of the human condition, and a better society designed according to a central plan.

All these were false promises and hopes. Collectivism, whether of the fascist or communist sort, meant the end of a rational economic order, threatened the loss of freedom and the end to human dignity, and required the reduction of man to the status of an insect in what Röpke often referred to as the socialist “termite state.”

-Wilhelm Röpke

Read more at ZeroHedge

Trumpomania & Trumpopanic

A Serious Contender with a Plan


It’s fascinating to watch the fear and war-mongers, cronies, and establishment acting in concert against Trump.  It makes one wonder, who’s side should we be on?  In any case, as  Pater Tenebrarum via Acting-Man.com explains:

The country’s social mood is apparently ripe and it finally seems actually possible for a perceived outsider to win by challenging the established order. Our main regret is that it wasn’t yet ripe at the time Ron Paul tried his hand at winning the nomination. Everything Trump is saying and doing should probably be seen in the context of his strategy. It’s quite Machiavellian actually. The alleged lack of discernible policy stances, the occasional contradictions and often hair-raising statements are all in pursuit of the same goal: to win the nomination. Other than that, we mainly enjoy the growing discomfort of assorted cronies and professional politicians.

“Whatever happens will happen – we are in the meantime resolved to sit back and thoroughly enjoy the show. As we noted before, it’s great entertainment – what more can one hope for?”

Read more at ZeroHedge