The validity of Say’s Law stands as the gatekeeper of economic freedom and prosperity. Without it, economic fallacies justify state force, which is multiplied in the name of public salvation.
In 2016, a fissure opened up in the seemingly impenetrable rockface of stultifying Technocratic Socialism. That is unequivocal progress, but it’s also only the beginning of what is going to be a long, uneven, and probably messy global realignment.
An economic crisis can jolt a fundamentally pro-capitalist nation that briefly lost its way back onto the straight and narrow. But there is no guarantee of this when the culture has descended into infantile anti-capitalism, dysfunctional statism and an antagonism toward entrepreneurial dynamism and self-reliance. For these a crisis may just form part of a […]
As the technological tide envelopes the old modes of state parasitism at an accelerating rate, the state is being forced by history’s march of progress into perhaps the most dramatic and unpredictable metamorphosis ever seen.
Little more than a cursory and objective glimpse into the nature of our economic system for the past number of decades, right up to the 2008 crash, and indeed since 2008, will show that unfettered free market capitalism could not have been responsible for the global financial crisis, because unfettered free market capitalism did not […]
Unregulated economies are a mess. They’re bound to generate harmful excesses, blow up bubbles, create unpredictable business cycles, and render producers confused and entrepreneurs lacking guidance to make sustainable and successful decisions. Our economies need to be micro-managed, scrutinised and guided by intelligent leaders. Success can only come by astute planning. We simply cannot abide […]