Forgot Password Support The Objectivist Forum Policies How to post Contact us
HBL is an email list discussing Ayn Rand's philosophy, Objectivism, and its application to today's culture.
HBL's moderator and regular contributor is Harry Binswanger, a philosophy professor and associate of the late Ayn Rand.
Free Trial: We offer a 1-month free trial. (Not available to those who have been on HBL within the last 2 years.) Please note: although you will need to enter a credit card number, if you cancel before your month is up, you will never be charged.
Click to Sign Up for Free Trial
Regular subscription: $14 per month or $145 per year. Pay by credit card or check.
Questions?
Subscribe to RSS Feed for HBL Excerpts
There has been no general European spending reductions, just tax increases, which is what "austerity" means in practice. For example, Britain:
http://bit.ly/Nov2h4
Every year, more spending, with the possible exception of a slight drop this current year. Tax rates have continued to climb, though tax receipts have not increased very much, as most of Europe is beyond the Laffer maximum. Other European countries are similar, except Greece, where there have been actual spending reductions, though fairly modest compared to the direness of their situation.
— Ed Powell
Recent posts by Harry Binswanger:
- 5/24 Obama surrenders in the war on terror
- 6/1 New thoughts on force
- 6/4 An education proposal
- 6/5 My new Forbes column is up
- 6/7 A music app worth buying
- 6/7 A viable non-gold money
- 6/10 Big Brother doesn't scare me
- 6/13 What it takes to get ahead in business
- 6/14 NSA surveillance and privacy
- 6/14 Supreme Court patent ruling on genes
- 6/17 Austerity vs. living it up
- 6/17 A new perspective on NSA surveillance
-- Prior posts by HB --