Logically refute Keynesians, acquire precious metals

If so, how did you find it? I especially like that it's the cheapest Masters in Economics that you can get! (a pity it is not accredited.... does anybody know anything about how progress is going in getting them officially accredited as a college?)

[In a liberal world] it makes no difference where the frontiers of a country are drawn. Nobody has a special material interest in enlarging the territory of the state in which he lives; nobody suffers loss if part of this area is separated from the state. It is also immaterial whether all parts of the state’s territory are in direct geographical connection, or whether they are separated by a piece of land belonging to another state. It is of no economic importance whether the country has a frontage on the ocean or not. In such a world the people of every village or district could decide by plebiscite to which state they want to belong.

From Dan Koeppel's Banana: The Fate of the Fruit That Changed The World:

"The first Guatemalan president to encounter United Fruit was Manuel Estrada Cabrera, who ruled from 1898 through 1920. Estrada believed his country needed to modernize and invited United Fruit to build the nation’s entire infrastructure; the banana giant constructed telegraph lines, railroads, and seaports. (The only thing the company didn’t build was roads, since highways might be a threat to the train lines that ensured dominance in the banana industry.) None of these “improvements” benefited the descendants of the Mayas. The country’s ruling Ladino class—those with Spanish lineage—became richer; the poor probably didn’t get poorer (they were already beyond destitute), but village life declined as the plantations were built. "

Leftists always like to make it sound like United Fruit Company made the country poor, rather than coming to the country and seeing that was in its then present state.

(Also, I find it ironic that railroads were built and not roads by the corporation, when we hear leftists nowadays say that we have highways and not railroads because of capitalism.)

https://ecaef.org/vernon.../16th-vernon-smith-prize-2023/ ... The 16th International Vernon Smith Prize is in full gear. Nine more days left to send in your Essays ...

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