Articles tagged as

Economics

pickpocket-crime

KLAR: A Textbook Case of How Progressives Rob the Working-Class

Ken Lund The Green Mountain State is a textbook case of how progressives employ social justice causes to drain the wallets and dreams of citizens. A growing populist backlash against a land use scheme that will steal wealth from property owners without any compensation is just the tip of the Marxist iceberg that is sinking the once-Republican … Read more

Karl Marx

OPINION: Artificial Intelligence Hammers in the Final Nail in Karl Marx’s Coffin

Karl Marx believed machines would eventually turn workers into something disposable. In The Communist Manifesto, Marx and Engels wrote that industrial labor had already reduced the worker to “a mere appendage of the machine.” In Capital, Marx argued that machinery would create a permanent “industrial reserve army” of unemployed workers. As automation increased, workers would lose bargaining … Read more

Breakfast with Claunde the machine

OPINION: My Breakfast With Claude

With Claude (Anthropic) — in genuine collaboration with a human who had all the ideas. A conversation between one-old-conservative and Claude (Anthropic) — March 2026 Two articles landed in the queue before the bacon was finished. Both were about artificial intelligence. All were unsettling to varying degrees. The only way to make the morning bearable, … Read more

Trumps enemies

PAYNE: MAGA Buyers, Beware

President Trump is the best president of my lifetime, but that doesn’t say much for the rest. My suspicions that all the good headlines hide a lot of potential problems have been growing over the past several months. The predictor of the calamitous 2008-2009 financial crisis, Peter Schiff, was featured on Fox and Friends in … Read more

Homo Marxian Marxism Declared goals of communism

Opinion: How Marxists Erase Human Will and Agency

As the language of Marxism becomes increasingly disguised in moralistic slogans such as “social justice” and “inclusiveness,” many people fail to recognize Marxist theories when they encounter them. They expect theories derived from Marxism to be littered with red flag phrases like “dialectical materialism” or “class conflict,” which would be the dead giveaway that they … Read more

Groucho 'karl' Marx

Marx’s Economic Forecasts: Over 150 Years of Failure

From atop the flawed foundation of the Labor Theory of Value, Karl Marx made a series of predictions about capitalism that time has proven incorrect. Among these are the immiseration of the masses due to capital accumulation, chronic overproduction, capitalist-driven imperialism, and the inevitable rise of monopolies. Immiseration Even during Marx’s lifetime, capitalism was already … Read more

Dr. Thomas Sowell

Make-Believe Equality Is Unattainable, Costly, and Harmful

In his book Intellectuals and Race, the great economist Thomas Sowell excoriates intellectuals for their role in promoting statist social engineering schemes. Sowell defined “intellectuals” as “a particular occupation—namely, people whose work begins and ends with ideas. It is an occupational designation, rather than an honorific title, and implies nothing about the mental level of those … Read more

gizmodo

Do We Have a Govt That Respects What We Can Afford?

I am reminded of my question to Bruce Curry, “Whose money is it FIRST?” Put another way, “Who has the first claim on the money in my wallet”? Curry was an uber-progressive who frequented GraniteGrok for many years, but that was a question he would never answer. He was clear that what funding the Government … Read more

Karl Marx

Communism: An Historical Snow Job

The many flavors of communism promise a lot while appealing to peoples’ envy. With your support, they will “stick it to the Man” only to turn around and become the “Man,” leaving nothing to envy. From X, a compilation by WretchardTheCat: What a sell job – a snow job, a promise of everything to everyone, … Read more

Armen Alchian

He Challenged Price Controls in Peking

Who is going to make better economic decisions? A smallish group of self-deluded “we know all that is necessary/we know better than you do” narcissists or millions of people making self-interested decisions outside of anyone’s control? It is the First Law of Supply and Demand: Prices are competed to that level at which people want … Read more

The Bailout Fallacy

It is always encouraging when a non–Austrian School economist accepts through his own reasoning an essential tenet of Austrian economics. Ruchir Sharma, who is chairman of Rockefeller International, founder and chief investments officer of Breakout Capital, and a well-known economic journalist, is not an Austrian, though he is aware of Friedrich Hayek’s work. He lends … Read more

Liberty and Freedom

Freedom’s Just Another Word for Everything to Lose

Among his many memorable contributions to American arts, the great singer-songwriter Kris Kristofferson, who passed away in September, wrote one of the most quotable lines in rock history. “Freedom’s just another word for nothing left to lose.” It’s a fabulous drifter anthem.  It’s also entirely wrong.  Part of the American political left at the time … Read more

Identifying the Causes of Economic Inequality

By Wanjiru Njoya | Mises Wire – In Race & Economics, Walter Williams emphasizes the importance of causality in understanding racial inequality. He argues that it is not enough to document and track economic inequality — it is necessary also to understand its causes. Without understanding the causes of any perceived problem, any attempts to resolve … Read more

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