Book Review: Basic Economics by Thomas Sowell

Thomas Sowell's Basic Economics is a masterpiece, he lays out everything from how capitalism works to rent control in a clear, easy to understand, precise manner. I would highly recommend this book to anyone who wants an in-depth look at how the economy works or who just needs to do a book report on how …

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The Pros and Cons of the Basic Income Theory

"Economic growth comes from entrepreneurs risking their own money, not from politicians risking your money." ~Burt Folsom, Professor of History at Hillsdale College. The basic income theory is a term I use to describe the idea that as technology grows, eventually we will get to a point where the only people that have a decent life …

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It’s not a Zero-Sum Game

Gerald Samms is a blogger at the Noisy Mouse.  He is a self -proclaimed socialist/communist. Recently I came across his blog while researching for an article and I noticed this statement that he made. "Think about it: If one person has something, other people can’t have it." I couldn't pass up this opportunity to debate a socialist …

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