Timing Is Everything
Bill Butler
2010-02-01 04:00
Exclusive to STR
Time preference is an economic concept that compares time in relation to an individual’s need for material gratification. Time preference is a comparison, not a measurement. Time preference is immeasurable because it is, by definition, subjective. That is, each individual has a different time preference and each individual’s time preference can change...
Obama's Prison Camp Economy
Bill Butler
2009-12-21 17:00
Exclusive to STR
Friends and clients who are just beginning to understand the truth that is Austrian economic theory are starting to ask me what I think the economy will look like over the next several years as the dollar inevitably declines. Whether the dollar lives and merely loses its status as the world's reserve currency or actually dies via an 'orderly' or sudden death, I think the result...
Wheat and Chaff
Bill Butler
2009-12-08 17:00
Exclusive to STR
'His winnowing fork is in his hand, and he will clear his threshing floor, gathering his wheat into the barn and burning up the chaff with unquenchable fire.' ~ Matthew 3:12
So much of life is about: (1) making distinctions; and (2) making choices. Indeed, the meaning and consequence of all our lives can fairly be said to be a test of our free will choices and the rational,...
Bearing False Witness
Bill Butler
2009-11-09 17:00
Exclusive to STR
Ever wonder how politicians like Harry Reid can say, with a straight face, that the United States income tax is a 'voluntary' tax? Here is a video of Mr. Reid explaining how the US tax system is voluntary. Mr. Reid is no dummy. He knows what he is talking about. He is speaking the truth. He is just not telling the whole truth. The whole truth, which Mr. Reid will not share...
Reprint Rights
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