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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I dare you to watch this YouTube video that focuses on the plight of Angel Adams, a Tampa Woman, a Mother of FIFTEEN Children by three different men, and a complete & total BURDEN on Society. I dare you to watch this video and then try to tell me that our Welfare System has done [...]
Filed under: Finance/Economy, Miscellaneous by T. Edwin Perry
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Several States are discussing “Drug Testing” in order to qualify for Unemployment or Welfare Benefits? Is this just more of the “War on Drugs,” or a step in the right direction?
Filed under: Finance/Economy, Miscellaneous, Politics by T. Edwin Perry
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Do you understand the “War on Poverty?” There’s only one way to win, and it has nothing to do with spending more money, but encouraging good choices by the poor.
Filed under: Finance/Economy, Miscellaneous, Politics by T. Edwin Perry
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