Category Archives: Greece

EU to Ban Large Cash Transactions

Posted on by Davi Barker

One of the great insights in Friedrich Hayek’s famous work “Road to Serfdom” is that socialism and fascism are not polar opposites on a spectrum. In fact, they have the same essential nature, and totalitarianism is the consequence of both, not corruptions of … Continue reading

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Top News: Greek Gold Grab

Posted on by Wes

Tyler Durden over at ZeroHedge writes: While hardly discussed broadly in the mainstream media, the top news of the past 24 hours without doubt is that in addition to losing its fiscal sovereignty, and numerous other things, the Greek population … Continue reading

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Fed News Friday: Keep rates the same, maybe sprinkle on a little “easing” –a fatal conceit

Posted on by Wes

“The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.” -F. A. Hayek This year’s last meeting of the Federal Reserve Open Market Committee concluded this week, cautiously … Continue reading

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Truly Revolutionary: Greek city starts “rebel” barter economy and alternative currency

Posted on by Wes

“You have much more than your bank account says. You have your mind and your hands.” You won’t likely see it headlining The Drudge Report, making its rounds in talk radio, or featured for discussion on cable news panels, but … Continue reading

Posted in Greece, Monetary Policy, Uncategorized | 7 Comments

What Country is too Big to Fail?

Posted on by megan

While citizens around the world are abruptly finding out that their countries have been living beyond their means, governments around the world are being forced to pull back the reigns on what has been a fruitful decade of welfare, militarism, … Continue reading

Posted in Greece, Monetary Policy, Portugal, United States | Comments on Facebook