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Thoughts from Maharrey Head #96: The States vs. the Federal Reserve

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“10 Minutes Closer to Freedom” In this episode of Thoughts from Maharrey Head, I talk about state action to undermine the Federal Reserve and the government’s monopoly on money. Ron Paul mainstreamed the idea of “ending the Fed.” Even today, we occasionally hear about efforts in Congress to audit the Federal Reserve and perhaps rein […]

Thoughts from Maharrey Head #74: Economic Ignorance Minimum Wage Edition

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“10 Minutes Closer to Freedom” In this episode of Thoughts from Maharrey Head, I talk about people holding a loud and vociferous opinion on economic subjects while remaining completely ignorant of the subject in the context of the minimum wage. Murray Rothbard once said, “It is no crime to be ignorant of economics, which is, […]

133 Words or Less: Crying Over Spilled Milk (Crony Capitalism Strikes Again)

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Two years ago, there was a milk shortage. Dairy producers expanded operations and cashed in on market conditions. But they overcompensated. Now we have a milk glut. As a result, prices tanked. Through the first eight months of this year, producers simply dumped 43 million gallons of milk. Prices now signal cut production. Inefficient dairy […]

133 Words or Less: Feelings Can’t Trump Economics

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Far too many Americans think their feelings trump economics. At no point does this become more clear than during a disaster when millions decry “price gouging.” Plenty of articles explain the economic importance of sharply higher prices during a crisis, both in protecting supply, and enticing goods and services into the affected region. (For example […]

Thoughts from Maharrey Head #63: Basic Economics – Why Centralization Never Works

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“10 Minutes Closer to Freedom” Ignorance of economics leads millions of Americans to embrace bad political policy. In this episode of Thoughts from Maharrey Head, I outline a few crucial basic economic principles you need to grasp so you don’t fall into politicians’ traps. Minimum wage laws, anti-price gouging laws, regulations and “free” healthcare  – […]

Tax the Rich!

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Democrats promise a lot of “free” stuff. Free college. Free healthcare. Free daycare. Free this. Free that. Most sane people recognize you don’t get any of this for free.  Somebody has to pay for it all. But this doesn’t phase your average Democrat. Why not? Because the rich will pay for it. It seems America […]

133 Words or Less: Economic Dummies

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The level of economic ignorance in America astounds and saddens me. This morning and advocate for a local project told a TV reporter that, “The cost won’t be as high because we’ve got some federal money.” Wrong. Wrong. Absolutely wrong. The fact you obtained funds doesn’t change the cost of your project. The price-tag remains […]

133 Words or Less: ‘Conservative’ Central Planners

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I often see very little difference in the core political philosophies of the left and the right. The other day, a self-described conservative berated me for criticizing the Texas Enterprise Fund, a program that awards public money to private businesses in order to lure them to Texas. She couldn’t understand how I could oppose a […]