Economics in One Essay

Filed under:Politics — posted by Mitch on June 18, 2007 @ 8:49 am
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With the recent addresses by Ron Paul regarding the Federal Reserve, contrasted with the recent ignorant comments about the “free-market” given by neocons and leftists alike, I have been once again reminded of the best free-market economics lesson I ever read: the essay “I, Pencil” written by Leonard E. Read in 1958. I wish I could just display it here so no one could have any excuse for not reading it. However, it is still copyrighted material so I urge anyone reading this post: please, please, please read this essay. In my opinion it is the most concise explanation of free-market economics and will change how you think about our economy if you let it.

Read it HERE.

No Pain, No Gain

Filed under:General — posted by Mitch on June 13, 2007 @ 12:58 pm


image: detail of installation by Bronwyn Lace