It is disheartening how the many faithful who believe in the false doctrine of free-market capitalism zealously continue to advocate it in spite of the
Tag: free-market economics
Happiness is not the Same as Utility: Maximizing One’s Utility is not the Best Model
In several other essays, I have severely criticized the founding of what is erroneously called the Nobel Economics Prize, since Alfred Nobel never founded a
Greed is the Root of All Speculation
There is a prevalent belief today that if one has extra money one does not need to spend now or in the near future, then
To Deny Cooperation is a Form of Tyranny
Although the following statement is an oversimplification, the free-market capitalist argument against all kinds of collective or government action and programs can be summarized as
War by Any Other Name is Still War: The Many Harmful Effects of Unbridled Competition
Thou shalt not covet; but tradition Approves all forms of competition. Arthur Hugh Clough There was a time in the not-too-distant past when the practice
No to “Autarky”
The name by which a person, place, thing, or practice is called is, of course, important. Many words express varying degrees of either admiration or
Homo Stupidus 