Browsing the archives for the Economics tag

Wealth Creation 101
By: Barry Belmont

Maybe this will help a few people understand that trade itself creates wealth and correct that nasty little assumption that it merely redistributes it.

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The Tragedy of the Commons
By: Barry Belmont

So for those of you interested in theory behind the experiment to be conducted today at 12:15, consider this blurb from Garrett Hardin: The rebuttal to the invisible hand in population control is to be found in a scenario first sketched in a little-known pamphlet (6) in 1833 by a mathematical amateur named William Forster Lloyd [...]

1 Comment Posted in A Series of Experiments, Science
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Friday Night Lulz: Economics, Biblical Prophecy, and Utter Nonsense
By: Barry Belmont

Keep this in mind: this guy is not kidding. He’s serious. <facepalm> </facepalm>

1 Comment Posted in Religion, Videos
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The (Seventy-)Seven Percent Solution
By: Barry Belmont

Recently published research out of North Carolina State University has identified a “tipping point” for national debts. That is, at a certain point in which the national debt actually begins to have an adverse effect on economic growth. The results? If a country’s public debt reaches 77 percent of its gross domestic product (GDP), bad [...]

No Comments Posted in Money, Science
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“We Can’t Stop Poverty By Making It More Comfortable”
By: Barry Belmont

This is from a recent op-ed by Michael Tanner over at the Cato Institute. The power of the article comes from its subtle implication that those who comprise the governmental agencies that establish programs to help those below the poverty are actually more concerned about making their money, than they are about giving it to [...]

No Comments Posted in Libertarianism, Stupid Government
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Economics in One Lesson
By: Barry Belmont

In the coming weeks you’re going to be hearing all about the UNR Students for Liberty’s skirmishes with their student government (the ASUN). In fact, chances are you have already heard too much about it. But the reason we continue the fight, the reason we keep up the mockery is because ultimately it stands as [...]

1 Comment Posted in Abolish ASUN, Libertarianism, Stupid Government, The State
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National Debt by Country
By: Barry Belmont
1 Comment Posted in Absurd, Stupid Government
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World Collapse Explained In Three Minutes
By: Barry Belmont
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The Package and the Lesson
By: Barry Belmont

For those of you attending the University of Nevada, Reno. If you haven’t already heard, the president of the ASUN,* Eli Reilly, has proposed a “stimulus package” for UNR. The idea is for $200,000 to be spent over two years that “will create 50 new student jobs on campus.” If this isn’t the definition of [...]

8 Comments Posted in Libertarianism, Local/Nevada, Money
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