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 was at a Christmas Party Friday night (no, it was not a “Holiday” Party” – you could tell by the decorations), and, after an offhand crack about Socialism by Yours Truly, a friend asked this question: “Which would you prefer: Fascism or Socialism?” His argument was that we are currently living in a Fascist [...]
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 [...]
Two kids are standing on the playground. The first kid dares the other one to hang upside down by one leg from the monkey bars. The second kid dares him back. The first kid double-dares him. The second kid double-dog-dares him. The first kid asks if the other one is scared. The second kid calls [...]
