free market, a tragical and fake concept

Friday, November 14th, 2008

According to wikipedia, free market means that the buyers and the sellers agree to a mutual exchange of property without external coercing or anyone of them coercing the other.

Free market is a self-contradictory concept because even if we start with economic agents of equal power, small wealth inequalities become economic advantages, that is, coercion tools, [...]

clinical insanity and clinical stupidity

Sunday, June 29th, 2008

To define the clinical insanity, I need to define what is a lifetime of average wages: if the average wage in your country is, say, 1000 units, then a lifetime of average wages means about 100 years multiplied with 12 months multiplied with 1000 units, that is, about a million (1.000.000) units. If you’d have [...]