The incentive problem of #socialism and #centralplanning is enormous. But it is 'merely' practice, which suggests it may be solvable. The economic calculation problem is fundamental and unsolvable; it is why socialism and central planning not only do not but in fact cannot work.

Andy Constan For aggregate price growth, it’s something like 6% per capita money supply growth minus annualized productivity gains, which vary dramatically by category and have some measurement error, then weight them all back together in some way that is also sure to be controversial.

As an aside, even if people literally hold cash at home rather than spending, saving in a bank/money market, or investing there is not a "loss" to the economy. Hutt explains this in "The Yield from Money Held." The holder subjectively prefers the certainty and readiness of

"A tax-funded protection agency is a contradiction in terms. That is, it is an expropriating property protector" mises.org/online-book/ec…

No Unity, No Faith: Leo XIV Introduces His Ecumenical Super-Church - novusordowatch.org/2025/11/no-uni…

"Even most conservative or free market intellectuals, such as, for instance, Milton Friedman or Friedrich von Hayek, are fundamentally and philosophically also statists" mises.org/online-book/ec…

VERBATIM CONTRADICTION: In joint declaration with Orthodox patriarch, 'Pope' Leo XIV wants all Christians "to seek the fulfilment of the prayer that Jesus Christ addressed to the Father: 'that they may all be one...' (Jn 17:21)." Pope Pius XI in 1928 condemns ecumenists who "are

Catholic Coffee and Christmas Gift Ideas daughtersofmarypress.com/gift-ideas

Join the Sisters this Advent and build a spiritual crib in your heart for the Christ Child.  #DaughtersofMaryPress #DaughtersofMary #Advent #PrepareForChristmas #ReligiousSisters

NEW: Saifedean Ammous explains how fiat money enables socialism “The people in power like those ideas… because it is packaged in the rhetoric of helping the poor… but all that it does is destroy those people’s lives to the benefit of the people that come to power.”

"It is incredible that anyone can talk of the 'visible Church,' meaning the Conciliar Church as opposed to the Catholic Church ... I am not saying that we are the Catholic Church but we truly represent the Catholic Church such as it was before. It is we who have the notes of the

The traditionalists in the Vatican II Church are actually being given a great grace: It is made clear to them that if they want to practice the religion of which the Traditional Latin Mass is an expression, they're in the wrong church. As Our Lord said, "Flee to the mountains"

"The libertarian ethic is not new and revolutionary, but old and conservative. Even primitives and children are capable of grasping the validity of the principle of original appropriation, and most people usually recognize it as an unquestionable matter of fact"

You'd think someone who is familiar with proper economics (Austrian) would understand what subjective value is.

Giving Tuesday - The Sisters Urgently Need To Build Fund-raiser: daughtersofmary.net/building/

Remember that whole fractional reserve is fraud because the bank issues claims in excess of its assets. Wonder how that interest is paid?

Giving Tuesday - The Sisters Urgently Need To Build daughtersofmary.net/building/