Archive for August 15th, 2011

A Failure of Capitalism? Really? »

So let me get this straight. After the most socialistic century in history, during which all industrialized nations finally found themselves gravitating toward a mixed economy model, we see a somewhat significant financial collapse of international significance and then another stock market drop a few years later, and it supposedly tells us that capitalism...
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Paul Krugman: “Space Aliens Could Save U.S. Economy” »

As Dave Barry used to say, I’m not making this up. Deeply mired in the fatally flawed myth that World War II ended the Great Depression, Nobel Laureate Paul Krugman yesterday proposed that an invasion by space aliens would well provide the economic stimulus this country needs: As Dr. Robert Higgs has more than...
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