Please read the article "Free Market Generosity" starting on page 24. The one consistent factor in eliminating poverty is the individual's private property rights. Let's not forget that John Locke and Thomas Jefferson both claimed that God gave us unalienable rights, and among them is the right to property (the Declaration of Independence had that instead of 'happiness' until the final draft). Even Milton Friedman made the point that capitalism (individual/private property rights) is a necessary (but not sufficient) factor to have a free society where people are free to choose for themselves.
http://www.cedarville.edu/~/media/Files/PDF/Publications/Torch/torch_f2010.pdf
Scarcity, Opportunity Cost and Competition impact our decision-making moment to moment. This makes economics the basis of life as we know it, after God. Nothing that people value is free, someone pays the cost. To gain that thing of value, scarce resources are given up and cannot be given up again for a different thing of value. And we all are competing to capture those scarce resources.
Sunday, October 31, 2010
Monday, October 25, 2010
Public school performance...
If public high schools were to charge a modest tuition (please, don't get hung up on what that might be), what would the impact be on the quality of education?
Wednesday, October 20, 2010
Thomas Sowell's word of wisdom
“The first lesson of economics is scarcity: There is never enough of anything to satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.”
Saturday, October 16, 2010
Tech and YOU!
Funny thing...we always suspected it, but now...hmmm.....
http://www.dailymail.co.uk/sciencetech/article-1320187/Technophobia-decided-womb.html?printingPage=true
http://www.dailymail.co.uk/sciencetech/article-1320187/Technophobia-decided-womb.html?printingPage=true
Wednesday, October 13, 2010
Sovereign Subjects: Ask Not Whether Governments Will Default, but How - John Mauldin's Outside the Box
This one's a keeper for the Macroeconomics fan.
Monday, October 4, 2010
Environmental Fascism and YOU
This is a graphic video. It is made in 'sincerity' by green freaks. Green Freaks are those who would do whatever to limit the liberties and choice of others. Live-and-let-live is not in their vocabulary.
http://www.youtube.com/watch?v=sSTLDel-G9k
http://www.youtube.com/watch?v=sSTLDel-G9k
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