SUPPLY SIDE VS KEYNESIAN DEMANDS In the first parts of this series, I’ve described for you the difference between “Free Market” Capitalism and the type of Government Regulated “Capitalism” that we have today. So why hasn’t “Capitalism” worked? After all, don’t our Politicians ALWAYS make a big deal about how they want the economy to [...]
THE ROOT OF ALL EVIL Probably the most misquoted line in the world is this: “MONEY is the Root of all Evil.” This actually isn’t the line. The actual BIBLICAL quote can be found in 1st Timothy, Chapter 6, Verse 10: “For the LOVE of Money is the Root of all Evil: which while some [...]
BUSINESS & THE FREE MARKET In Part 2 of this Series, we discussed Price and Value, and how these terms are defined in a FREE MARKET. They are the driving forces behind Adam Smith’s “Invisible Hand,” where Buyers and Sellers act in their own best interests, which actually serves as a natural form of regulation [...]
PRICE & VALUE When I started on my first draft on this topic, it was entitled “Why ‘CAPITALISM’ Doesn’t Work,” with the word “CAPITALISM” intentionally in quotes. Why? Because the simple fact of the matter is that what we CALL Capitalism today has very little in common with the ideals of Free Market, or Laissez [...]
GONE FISHING Let me start off with a simple statement: most people think that what we have in the United States today is a CAPITALIST economy, a system based upon the Fundamental Principles of Capitalism. WE DON’T. Our economic system today is about as close to Free Market Capitalism as a SOYBEAN BURGER is to [...]
I’ve mentioned in the past that my wife makes beaded jewelry, and she’s really good at it. Very sparkly, well-designed attractive stuff: the kind of things that she likes to wear. In fact, as a hobby, she’s been making jewelry for herself for years, but recently, in addition to making the occasional gift for a [...]
Last night, after a pathetic showing at the gym (oh, my fatness was just embarrassing!), my wife & I stopped by our local grocery store (Publix) to pick up subs for dinner. Apparently, it was a bad night for subs. For starters, the “toppings” had already been stored away (it was only 7:30pm, by the [...]
The year was 1829 when after losing his Presidential bid four years before to John Quincy Adams, Andrew Jackson, the “Hero of the Battle of New Orleans,” was elected as the first Democratic President in US History. Tipping the scales in his favor was the promise of jobs for his supporters. And how did he [...]
