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 [...]
Filed under: Finance/Economy by T. Edwin Perry
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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 [...]
Filed under: Finance/Economy by T. Edwin Perry
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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 [...]
Filed under: Finance/Economy by T. Edwin Perry
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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 [...]
Filed under: Finance/Economy by T. Edwin Perry
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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 [...]
Filed under: Finance/Economy by T. Edwin Perry
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It’s Christmas Eve, folks, so, keeping it short & sweet, let me just say Merry Christmas to our Readers, and Thank You for your Continued Support. This is in no way meant to OFFEND anyone, so if you celebrate Hannukah, or any other holiday, then please accept this “Merry Christmas” in the spirit in which [...]
Filed under: Finance/Economy, Miscellaneous, Politics by T. Edwin Perry
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There is an important difference between “Giving” and “Giving Back,” and it is the same difference found between “Charity” and “Redistribution of Wealth.”
Filed under: Miscellaneous, Politics by T. Edwin Perry
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Does it really matter who had your money before you got it when you decide to spend it? It does to the Palm Beach County School Board.
Filed under: Finance/Economy, Miscellaneous, Politics by T. Edwin Perry
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