Monthly Archives: July 2010

Recessions, War, and the Parable of the Broken Window

“Society loses the value of things which are uselessly destroyed;”… …”destruction is not profit.”” Continue reading

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(Unofficial) Recession: When Will it End?

…the road to economic recovery is not a matter of just more spending and more investment in general. Capital and labor need to restructure themselves to meet the new reality of the post-crash marketplace. Continue reading

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Thoughts to consider when working with your financial professional

A personal financial plan should not be your plan to save more or buy a product.  It should be your plan for living your one life with more confidence. Ludwig von Mises describes what you do naturally.  He also points … Continue reading

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Atlas Shrugged » The Documentary

“It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their regard to their own self-interest. We address ourselves, not to their humanity but to their self-love, and never … Continue reading

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Do You Like Ayn Rand, Culture, Philosophy, and Literature?

George Saad of the University of Chicago Objectivist Club is calling for submissions for the inaugural issue of The Oasis Journal, a collection of essays and commentaries on philosophy, history, culture, biography, economics, politics, art, and psychology. Continue reading

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Thought for the day

“Sometimes the first duty of intelligent men is the restatement of the obvious.” Continue reading

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CFPEcon101: Moral Hazzard

“Moral Hazzard” is when you set up incentives to do something that you would, under normal circumstances, not do. Continue reading

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