What happens when a pulse is no longer found on your wrist? That is an indication that your heart stopped pumping blood. What would happen if “income inequality!” stopped pulsating throughout the economy? That would be an indication that the beating heart of business is no longer pumping. Income inequality is to be expected whenever…
“The history of the 20th century is full of examples of countries that set out to redistribute wealth and ended up redistributing poverty. The communist nations were a classic example, but by no means the only example.” – Thomas Sowell, economist ~~~ On the heels of a previous post, Resident Evil: Redistribution, I now…
It’s a mystery to me We have a greed with which we have agreed And you think you have to want more than you need Until you have it all, you won’t be free Society, you’re a crazy breed I hope you’re not lonely without me “Society” (originally by Jerry Hannan); Copyright: Record High…
Just the other day I was verbally assaulted with socialism. Per my usual workday I was taking the morning commuter into downtown Chicago. As I stand in the train’s vestibule I visit with my fellow travelers. Our conversations run the gamut of silly to bordering on the unspoken: politics, religion and money. Well, just as…
It’s a mystery to me We have a greed with which we have agreed You think you have to want more than you need Until you have it all you won’t be free Society, you’re a crazy breed I hope you’re not lonely without me. Though the message of the above song…
In response to the collectivist ideologies of Barack Obama and Elizabeth Warren and their proposed free market epitaph “You didn’t build that…” I offer two videos that provide insights about our humanity, creation, transcendence and economics. Epicurus, by the way (see previous posts regarding Epicurus), knew about humanity at a base level. Epicurus withdrew from…
I finally realized after all this time that the cartoon character Jon Gruber is based on-the Vizzini character in Princess Bride! I also realized this year, that even though “marriage is a dream within a dream” Americans are now wedded to Obamacare! Dealing with the Jon Grubers and Paul Krugmans of the world brings one to…
Let’s talk taxes. Be wary of Progressives in finance article clothing. The illustrative article/video, “Income taxes are lower than you think” posted on the Yahoo! Finance webpage uses the good finance cop/bad finance cop ploy to get the reader to come around to their terms. This type of social manipulation could be one reason why…