Tuesday A market is composed of free people interacting with one another in the exchange of goods and/or services. The degree of prosperity created is directly proportional to the degree of freedom. Complete freedom means that all are free to act in their own self-interest in order to achieve an outcome that is optimum for the concerned parties in the prevailing … [Read more...]
Save the Middle Class
Thursday The concept of a middle class is very new. It emerged in England during the Industrial Revolution. From there it spread throughout the UK and then outward to what became known as the Western world. Since time immemorial, there had been the few who were strong (rich) and the many who were weak (poor). The strong took from the weak and that was … [Read more...]
The Law of the Jungle
Monday The concept of a middle class is very new. It emerged in England during the Industrial Revolution. From there it spread throughout the UK and then outward to what became known as the Western world. Since time immemorial, there had been the few who were strong (rich) and the many who were weak (poor). The strong took from the weak and that was just … [Read more...]
Socialism – The Final Shudder of a Degenerative Process
Wednesday 1 Free people create wealth (capitalism). 2 Governments begin to tax and regulate 3 Taxes and regulations degrade freedom and begin to strangle the economy. 4 Legislative distortions divide society into winners and losers. 5 The economy begins to fail. 6 In the effort to keep the show on the road, central banks … [Read more...]
The Spectre of Socialism
Saturday The spectre of Socialism is again haunting the West. Those old or educated enough to have an awareness of Socialism’s dreadful history view its possible re-emergence as incomprehensible. Yet it is entirely understandable. Those who advocate Socialism, usually the young, are desperate for change. They are correct in believing that the world must change if they … [Read more...]