Is Socialism better than Capitalism at helping people?

First off, I want to apologize for not posting this Monday. My family went to get a new van and we had to drive a while to get it. A while back a question was posed to me that got me thinking: Who did more to help people, Mother Theresa or Steve Jobs. My gut …

Continue reading Is Socialism better than Capitalism at helping people?

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 …

Continue reading Book Review: Basic Economics by Thomas Sowell

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 …

Continue reading The Pros and Cons of the Basic Income Theory

Why the Wage Gap Doesn’t Matter.

"[Socialists] would rather have the poor poorer, provided that the rich were less rich." -Margaret Thatcher, British Prime Minister The Department of Numbers said in 2015 that the median income level in the US is $55,775.  Compare that to the median income level in the world: $9,733 according to Gallup. Margaret Thatcher explains it here. The …

Continue reading Why the Wage Gap Doesn’t Matter.

Marx Madness Karl Marx, The Man, The Myths, The Legend Part 7

As we wrap up this series I'm going to look at the top Books on Marx and his theories. The Communist Manifesto By Karl Marx. Obviously this is the top one I would recommend. Marxism By Thomas Sowell. This is the book that I based most of my research on and I would highly recommend it. Bureaucracy By …

Continue reading Marx Madness Karl Marx, The Man, The Myths, The Legend Part 7