Archive | March, 2012

Rich Asians Buying Real Estate By Helicopter

Read the full story

Posted in Housing Bubble0 Comments

Effects of Low Interest Rates – Part 1

Lowering interest rates can potentially boost economic activity as it increases both speculation and exports by devaluating the currency. Its effects, are artificial and temporary, at best. New growth caused by cheaper money must come from somewhere, and as I pointed out in another article “Fiat Currencies” this money comes at the expense of the […]

Read the full story

Posted in Housing Bubble, US Dollar Collapse2 Comments

Why Unions are Bad – A Quebec Case Study

Unions are considered advantageous to the worker, since their main functions include pushing for higher worker’s salaries and benefits. This, unfortunately, is an illusion: the extra jobs that must be created to administer the unions and the power that some unions acquire outweigh any benefits to the worker in hindsight with the whole local economy. […]

Read the full story

Posted in Housing Bubble0 Comments


Economic Reason Newsletter

Get the economic "truth" delivered to your email now! Enter your email address here:


Featured Documentaries

Purchase Gold and Silver