Seven Fallacies of Economics →

April 1, 1981

I for one am convinced that good economics is more than possible. It is imperative, and achieving it begins with the knowledge of what bad economics is all about.

Recent “Best of Web”

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Oct 31, 2025

Government Shutdown Exposed the Biggest Lie in Education

Oct 31, 2025

“For decades, teachers unions and the liberal allies they bankroll in D.C. have told the American people that without the federal bureaucracy, education would crumble,” writes Ryan Walters.

Oct 31, 2025

Oct 18, 2025

Millions Gather to Express Total Ignorance

Oct 18, 2025

“We're going to join our voices together and let the message ring loud and clear that we are uneducated rubes in desperate need of a middle-school social studies class,” said one man. Problem is, they DID have middle-school social studies, at great expense to the taxpayer, and still turned out to be rubes. Maybe there’s a connection??

Oct 18, 2025

Sep 25, 2025

Argentina's Economy Didn't Collapse; It Roared Back to Life

Sep 25, 2025

Writes Dionysis Partsinevelos, “Experts warned that electing a chainsaw-wielding libertarian outsider as president would push the country over the edge. Instead, the unthinkable happened: Argentina’s economy started working again.”

Sep 25, 2025

Recent Quotes

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Feb 11, 2025

Murphy on America

Feb 11, 2025

“The true meaning of America, you ask? It’s in a Texas rodeo, in a policeman’s badge, in the sound of laughing children, in a political rally, in a newspaper. ... In all these things, and many more, you’ll find America. In all these things, you’ll find freedom. And freedom is what America means to the world. And to me” — Actor, poet, and the most decorated American of World War II, Audie Murphy.

Feb 11, 2025

Feb 1, 2025

Mill on Freedom

Feb 1, 2025

“The only freedom which deserves the name is that of pursuing our own good in our own way, so long as we do not attempt to deprive others of theirs, or impede their efforts to obtain it. Each is the proper guardian of his own health, whether bodily, or mental and spiritual. Mankind are greater gainers by suffering each other to live as seems good to themselves than by compelling each to live as seems good to the rest.”

Feb 1, 2025

Mar 20, 2023

Best-Selling Japanese Novelist Eiji Yoshikawa on Do-Gooders

Mar 20, 2023

“There’s nothing more frightening than a half-baked do-gooder who knows nothing of the world but takes it upon himself to tell the world what’s good for it — from his book, Musashi.

Mar 20, 2023

Recent Blogs

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Nov 11, 2025

I (Identify As), Pencil

Nov 11, 2025

I was born a lawnmower but now I am a pencil. You can’t erase me, but I can erase you. Literally. So don’t offend me.

Nov 11, 2025

Nov 6, 2025

From "I, Pencil" to "I, Smartphone"

Nov 6, 2025

The late Milton Friedman figures into this October 2025 video interview of me by Libertarianism.org. Topic: From “I, Pencil” to “I, Smartphone.”

Nov 6, 2025

Nov 4, 2025

Red Flags or Green Lights?

Nov 4, 2025

Opposition arises every time new technology emerges. Often it is promoted by those whose livelihoods would be most directly affected. Their short-term, vested interest focus might grant them temporary security, but it does so at the expense of the well-being of everyone else.

Nov 4, 2025