Source: Foundation for Economic Education
by Deborah Palma
“In a complex economy with an advanced division of labor, individuals cannot rely solely on their own direct knowledge to decide how to allocate resources among many possible combinations. They require a common denominator that allows for the comparison of costs and benefits. This denominator is the price, which emerges from voluntary exchanges in the market. Prices are not arbitrary numbers; they are determined by exchange values arising from the competitive interaction between consumers and producers. Price reflects the relative scarcity of a good in relation to all other possible uses of the same factors of production. … Attempts to treat the economy as a system of simultaneous equations, in which equilibrium can be mathematically determined, ignore the dynamic nature of reality. The market is a continuous process of discovery, not a static state of rest.” (05/04/26)
“The verbal barbs between Japan and China have been a distraction; the real story is Japan’s deepening military integration with the Philippines. As the U.S. and its allies move to seal the Luzon Strait, Japan is shedding its pacifist skin to serve as the regional arsenal, providing the hardware and the boots on the ground necessary to turn the Front Door of the South China Sea into a strategic bottleneck. It is the tactical manifestation of a new cold war focused on maritime choke points and the kinetic kneecapping of China’s Belt and Road Initiative.” (05/04/26)
“George Wallace was sworn in as Governor of Alabama in 1963 and famously declared in his inauguration speech (written by a Ku Klux Klan leader) ‘segregation now, segregation tomorrow, segregation forever.’ Two years later, Alabama state troopers violently broke up a nighttime voting rights march during which a police officer shot and killed young African American protester and Baptist deacon Jimmie Lee Jackson who was unarmed and protecting his mother. In response, civil rights leaders, including Martin Luther King and John Lewis, organized a mass march from Selma to Montgomery over the Edmund Pettus Bridge in an attempt to deliver a civil rights and voting rights message to Gov. Wallace. It became known as ‘Bloody Sunday’ as state troopers gassed and beat the protestors, including fracturing Lewis’ skull and sending 57 others to the hospital.” [editor’s note: The delulu continues from these race-baiting “progressive” pundits – SAT] (05/04/26)
“Libertarians are not exclusively interested in libertarianism; rather, libertarianism functions as a living principle, a lens through which we examine social relations, institutions, and the boundaries of knowledge itself. It invites not only political analysis, but also a broader inquiry into how ideas are formed, challenged, and defended within society. In this sense, one of the grounding insights of libertarians and classical liberals concerns the nature and limits of knowledge and science, how we come to know what we know, and how institutions react when that knowledge is questioned. The case of Graham Hancock is particularly relevant here, as it illustrates both the potential gaps in scientific understanding and the often defensive attitudes of scientific establishments toward dissent.” (05/04/26)
“Mainstream shitlib hagiographers will tell you that FDR delivered us from the Fritz Langian sweatshops of the Gilded Ages on a silver platter. Don’t fucking believe it. The eight-hour workday and the five-day workweek are the bruised fruit of wildcatting anarchists and communists with guns, and the New Deal declawed them by federalizing the whole goddamn operation and turning thriving workplace democracies into corporate boards with labyrinthine bureaucracies and CEOs pulling down six figures without ever having to break a sweat.” (05/03/26)
“Democrats have a Nazi problem. They’ve spent the last 10 years accusing Donald Trump of being the second coming of Hitler and melting down when Elon Musk or anyone else perceived as close to Trump made a hand gesture that they pretended was a Nazi salute. It was all just a hilarious troll that fooled their more gullible acolytes. Now that Maine Gov. Janet Mills has pulled out of her Senate campaign, citing money problems, Democratic grandees are lining up to campaign for their anointed candidate, the ersatz Joe Six-Pack Graham Platner, who has an actual Nazi tattoo on his chest — or did for 18 years until he disguised it to campaign.” (05/03/26)
“Americans have a long history of being hurried into war on false pretexts. The ‘yellow press’ encouraged a war fever in 1898 by blaming the sinking of the USS Maine on the Spanish, even though the Navy’s own expert said it was caused by an accidental explosion. The George W. Bush administration justified the invasion of Iraq by claiming that Saddam Hussein had connections to the 9/11 attacks and was building weapons of mass destruction, neither of which turned out to be true. But with the Iran war, as in so many other ways, Donald Trump has broken new ground. He is the first president to start a war without even bothering to lie to the public, because he simply didn’t care what the public thought.” (05/03/26)
