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Frederic Bastiat
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Frederic Bastiat
Quote for the Day
“If I have joined the ranks of the reformers, it is solely for the purpose of persuading them to leave people alone.” -
Frederic Bastiat
Quote for the Day
“You are a dangerous innovator, a utopian, a theorist, a despiser of the laws; you would shake the basis upon which society rests.” -
Frederic Bastiat
Quote for the Day
“No conviction makes so lasting an impression on the mind as that which it works out for itself.” -
Frederic Bastiat
Quote for the Day
“To rob the public, it is necessary to deceive them.”
Latest Posts
Accountants Have Learned To Live With Crypto
Accounting standards developed for the 20th century are not equipped to deal with 21st century crypto assets. Assuming otherwise creates inaccurate and diminished financial reporting.
Lacalle: MMT Is Fake Economics
First, it is untrue. A report by David Beers at the Bank Of Canada has identified 27 sovereigns involved in local currency defaults between 1960 and 2016 (database here).
Frederic Bastiat
Quote for the Day
“I have no doubt that she is sincerely desirous of seeing all the evils of suffering humanity remedied, and that she thinks this might easily be done, if Government would only undertake it.”
Buffett Upbeat On U.S. And Berkshire, Buys Back Stock Even As Pandemic Hits Results
Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc's annual shareholder meeting in Omaha.
Propaganda Crash: World Economic Forum Tweets “Lockdowns Improving Cities”, Then Deletes Admitting It Was Wrong
If there was any doubt that economic lockdowns supposedly inspired by the Covid pandemic are the peak in globalist propaganda, it disappeared not so "quietly" once and for all at 5:48am ET on Saturday,
Economic Impromptus from the Ordinary Business of Life: A Trip to the Park
“Political economy or economics is a study of mankind in the ordinary business of life; it examines that part of individual and social action which is most closely connected with the attainment and with the use of the material requisites…
Frederic Bastiat
Quote for the Day
“At all events, let no one claim that because an abuse cannot be done away with, without inconvenience to those who profit by it, what has been suffered to exist for a time should be allowed to exist forever.”
Central Banking and the Heavy Hand of the State
The evolution of the banking system, as I previously described it, was “ideal-typical.” The description’s purpose was to get at the essence of how monetary institutions work.
Scientists Discover ‘All-Natural’ COVID Treatment That Can Prevent ‘Cytokine Storm’ In Severe Patients
A team of scientists from Israel and Iceland has published a new report showing that an extraction of spirulina algae has the potential to reduce the severity of COVID-19 in advanced cases.
Hong Kong’s Trading Tax Hike Spurred Markets Into A ‘Healthy Correction,’ Says Goldman Sachs
In its 2021-22 budget, the Hong Kong government announced that stamp duty on stock transfers will increase to 0.13% from 0.1%.