Tuesday, April 23, 2024
Sunday, April 14, 2024
Tuesday, April 9, 2024
Saturday, April 6, 2024
How to Make a Million Dollars
Ben Shapiro is an exceptionally talented person. I would be happy with just a job I like.
Friday, April 5, 2024
Wednesday, March 27, 2024
Thursday, March 21, 2024
Sunday, March 10, 2024
Sunday, March 3, 2024
Thursday, February 29, 2024
Ayn Rand: The Real Motive for the Socialist Mindset
The term "Capitalism" gets thrown around and has become a pejorative on the political left. So maybe we should define what we mean by "Capitalism".
A free market is one in which you get to make free choices. The opposite of this is tyranny, but no society is either completely free or completely tyrannical. Being free to make choices includes the freedom to make voluntary exchanges, to own property, and to do business for your own benefit.
The definition of Socialism is that the means of production is socially or collectively owned. By definition, the means of production can't be privately owned, which requires an authoritarian state to take away people's right to engage in commerce. This makes Socialism not only evil, but impractical because it prevents people from acting in their own benefit, and it prevents the innovation that would come from large numbers of people doing business. It also takes away incentive structures of success and failure that result in a more efficient free market.
One thing that the political right believes that maybe the political left doesn't is that people respond to incentives. Give people an incentive to not work and they won't work. Give people an incentive to be productive and innovative and they will be productive and innovative.
These claims are easily demonstrated by looking at how various economic systems have faired. Far-left economic systems have faired very poorly and have been a disaster for the people living under them. All you need for a prosperous society is to embrace a free market to at least some degree.
Sunday, February 25, 2024
Wednesday, February 21, 2024
Why Democracies Always Fail
Two centuries ago, a somewhat obscure Scotsman named Tytler made this profound observation: "A democracy cannot exist as a permanent form of government. It can only exist until the majority discovers it can vote itself largess out of the public treasury.
Sunday, February 18, 2024
Facts About Money That Will Blow Your Mind
The last point is a stunner...
Friday, February 16, 2024
Wednesday, February 14, 2024
Richard Wolff on Capitalism
This is a fundamental misunderstanding of economics. I have worked many different jobs with many different salaries. Not one of these I could have earned the same amount of money working on my own. I didn't have the resources. It was my employer that provided the facilities, the equipment, the customer base, and the know-how that allowed the business to make money. I voluntarily traded my labor for the resources that the employer provided. On my own, I wouldn't have been nearly as productive. I would have starved.
Voluntary exchange works.
Richard Wolff has never run a business. If he had, he would see the world differently.
Saturday, February 3, 2024
6 BIG Purchases Retirees (Almost) Always Regret!
https://www.youtube.com/watch?v=LonVdylaa48
People almost always regret RV purchases. It is cheaper to just get a hotel once a year.
Tuesday, January 16, 2024
Saturday, January 6, 2024
Tuesday, January 2, 2024
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