How To Have An Austrian School Economy

Salute to the Western Confucian. Full article at A Conservative Blog for Peace. Actual text by Bishop Williamson of the SSPX.

Excerpted are the seven commandments of Austrian School Economics:

1. Thou Must Earn.
2. Thou shalt not spend more than thou earnest.
3. No state may make too many rules.
4. No state may tax too much.
5. No state may spend its way out of a recession.
6. No state may print its way out of a recession.
7. No state may employ its way out of a recession.

Seem like very solid rules to me. I wish we had a government that would follow them.

Best of 2009

I've been looking over my writing here in 2009, and sort of wondering, "How will I ever find enough stuff I think is good enough to go into a post like Best of 2008 and Best of 2007?

So I was doing something largely unrelated, namely, browsing Conversion Diary, and what to my wondering eyes should appear, but this post. The goal? To pick One Thing from last year.

Well, here it is: Supply, Demand and Price. It started out as a gigantic wall of text, but (Deo Gratias!) I split it up into six more easily digested hunks. It's in my list of Oft-Cited Quotes (see the sidebar, near the bottom).

Per the usual request, here is a link back to the Mr. Linky List.