Commentaire sur les marchés, l'économie, l'entraînement, la nutrition, et tout ce qui attire mon attention. 'The Growth of Knowledge depends entirely upon disagreement.' - Karl Popper (1902-1994)
dimanche 31 juillet 2011
vendredi 29 juillet 2011
Le mythe de l'armée volontaire - Jeffrey A. Tucker - Mises Daily
The Myth of the Voluntary Military - Jeffrey A. Tucker - Mises Daily: "Government interference always means either violent action or the threat of such action.… Government is in the last resort the employment of armed men, of policemen, gendarmes, soldiers, prison guards, and hangmen. The essential feature of government is the enforcement of its decrees by beating, killing, and imprisoning. Those who are asking for more government interference are asking ultimately for more compulsion and less freedom."
mercredi 27 juillet 2011
dimanche 24 juillet 2011
jeudi 21 juillet 2011
Volontariat vs travail rémunéré
Nelson Mandela and Volunteerism - Robert P. Murphy - Mises Daily: "It's typical to say that people in Congress are in the business of 'public service,' but that's ridiculous. The politicians in DC take my money against my will, and spend it on things that I don't want and often consider downright criminal. That's not serving me at all."
mercredi 20 juillet 2011
George Orwell sur la guerre
The essential act of war is destruction, not necessarily of human lives, but of the products of human labor. War is a way of shattering to pieces, or pouring into the stratosphere, or sinking in the depths of the sea, materials which might otherwise be used to make the masses too comfortable, and hence, in the long run, too intelligent.
-George Orwell
-George Orwell
lundi 18 juillet 2011
L'historique des métaux précieux en Chine
China's Hard-Money History - Dan O'Connor - Mises Daily: "Over the past few centuries, central banks have secretly imposed a hidden tax on their citizens by printing paper money and destroying the savings of the paper holders."
mercredi 13 juillet 2011
Scurvy, among Other Problems, Went Away - Jeffrey A. Tucker - Mises Daily
Scurvy, among Other Problems, Went Away - Jeffrey A. Tucker - Mises Daily: "We should be conscious of the cause-and-effect relationships operating in the world of human action that give rise to the globally extended order we call the market economy, an order fueled by human choices, entrepreneurship, and relentless learning and copying — and kept together by pricing signals, private property, and the freedom to trade. These institutions are what are bestowing miracles on us every day, the Jetsons world that amazes me every day.
We also need to be aware of its opposite, the gargantuan apparatus of compulsion and coercion called the state, which operates on principles that are anachronistic to the core. Its principle is violence, and its contributions to the social order are prisons, economic upheaval, and war. It is lumbering, stupid, and angry as hell, and it is the main drag on the world today. The contrast with the market is overwhelming."
We also need to be aware of its opposite, the gargantuan apparatus of compulsion and coercion called the state, which operates on principles that are anachronistic to the core. Its principle is violence, and its contributions to the social order are prisons, economic upheaval, and war. It is lumbering, stupid, and angry as hell, and it is the main drag on the world today. The contrast with the market is overwhelming."
dimanche 10 juillet 2011
L'or: indissociable de la liberté
Gold means freedom – a notion also highlighted by the fact that Lenin,
Mussolini, and Hitler banned private gold ownership at the outset of their dictatorships.
-Ronald Stoeferle
Mussolini, and Hitler banned private gold ownership at the outset of their dictatorships.
-Ronald Stoeferle
jeudi 7 juillet 2011
Qui dit qu'il n'y a pas de bulle en Chine? Le cas de la station Centrale de Guangzhou
Via Zero Hedge:
Submitted by Tim Staermose of Sovereign Man
Guangzhou South Station: Something Out Of A Zombie Movie
When I left my hotel bound for the new Guangzhou South Station the other day , I didn’t know much about the station– where it was, how far from the hotel, etc. After about 25 or 30 minutes in the cab, I still hadn’t seen any signs for the station and grew concerned that the cabbie was just taking me for a ride.
As we eventually approached the station, I began to understand why it was so far out of town. Clearly, the only way they could find enough contiguous land to build this monstrosity was to go WAY into to the outskirts of the city.
In the end, it was a 27.82 kilometer (17.39 miles) cab ride from my downtown hotel, and took 49 minutes to get there. I know this because Chinese taxis are very efficient and give you a highly detailed receipt.
Guangzhou South Station is absolutely COLOSSAL. By comparison, it is much bigger than any of the 3 international airport terminals in Manila where I live… and I’d say it’s over 8 times larger than the Central Airport Express Station in Hong Kong.
...
All of this certainly begs the question– how many more empty buildings and unused train stations can they possibly build? More importantly, what happens to China’s economy when all this fixed asset spending starts to subside?
Submitted by Tim Staermose of Sovereign Man
Guangzhou South Station: Something Out Of A Zombie Movie
When I left my hotel bound for the new Guangzhou South Station the other day , I didn’t know much about the station– where it was, how far from the hotel, etc. After about 25 or 30 minutes in the cab, I still hadn’t seen any signs for the station and grew concerned that the cabbie was just taking me for a ride.
As we eventually approached the station, I began to understand why it was so far out of town. Clearly, the only way they could find enough contiguous land to build this monstrosity was to go WAY into to the outskirts of the city.
In the end, it was a 27.82 kilometer (17.39 miles) cab ride from my downtown hotel, and took 49 minutes to get there. I know this because Chinese taxis are very efficient and give you a highly detailed receipt.
Guangzhou South Station is absolutely COLOSSAL. By comparison, it is much bigger than any of the 3 international airport terminals in Manila where I live… and I’d say it’s over 8 times larger than the Central Airport Express Station in Hong Kong.
...
All of this certainly begs the question– how many more empty buildings and unused train stations can they possibly build? More importantly, what happens to China’s economy when all this fixed asset spending starts to subside?
mardi 5 juillet 2011
La citation du jour
There are 2 ways to sleep well at night: to be ignorant or to be prepared.
-Simon Black
-Simon Black