economics

Get 5 Steps to Freedom Book on Kindle Now!

Finally! I've received many requests to make the book available in Kindle format. We started working on that about 6 months ago, and as of just a few days ago, it's available. Go here to purchase 5 Steps To Freedom on Kindle. The book is more than financial education... it's an action plan. … [Read more...] about Get 5 Steps to Freedom Book on Kindle Now!

Hiring new liberty-oriented PR specialist immediately!

Our publicist has done a great job getting the word out about Self-Directed IRAs, and my various writings and products related to independence, economics, investing, and freedom. But, alas, the time has come to replace our publicist. So here's what we're looking for: Very freedom/liberty-oriented … [Read more...] about Hiring new liberty-oriented PR specialist immediately!

Why Does Government Fail?

While everyone argues about what the government should be doing, 2 very fundamental factors are ignored. In this video I discuss those factors. One thing I didn't include … [Read more...] about Why Does Government Fail?

NY Times' Meltzer Calls for Fed To Stop Causing Inflation

The Fed's activities for over a decade have been very focused on creating inflation (an increase in the money supply). Allan Meltzer wrote a great article the other day summarizing how inflation isn't the solution to our economic problems... it's the cause. He revisits how Fed chairman Paul … [Read more...] about NY Times' Meltzer Calls for Fed To Stop Causing Inflation

How to Cope with Your New $50k in Forced Debt This Year

There are about 100 million non-government, non-taxpayer-paid workers in the U.S. $3 trillion normal government spending + $2 trillion additional emergency spending = $5 trillion government spending in 2009. That amounts to $50,000 of government spending per non-government, non-taxpayer-paid … [Read more...] about How to Cope with Your New $50k in Forced Debt This Year

Could Obama's Stimulus Really Work?

Our economy is 70% consumerism. That means it is mostly based on individuals buying stuff. So the current setup of our economy holds two basic facts: Individuals buying more stuff than they can afford to buy (based on their income) has a net effect that is good for the economy. When individuals … [Read more...] about Could Obama's Stimulus Really Work?

I.O.U.S.A viewing this weekend on CNN

CNN to Broadcast I.O.U.S.A. | Obama Foresees Trillion-Dollar Deficits | A Bipartisan Plea for Fiscal Responsibility | The Government We Deserve CNN to Broadcast I.O.U.S.A. The public has spoken, and we've listened. In response to demand for information about our country's financial challenges, … [Read more...] about I.O.U.S.A viewing this weekend on CNN

CPI Explained – Part 2 – Substitution

This picks up where a previous post left off. You may want to read that post first in order for this one make sense. Looking at the picture above, I can only imagine that this is the way that the following idea was made into government policy. The second major way BLS's CPI calculation policies … [Read more...] about CPI Explained – Part 2 – Substitution