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?
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
"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
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 …
The Federal Reserve (the Fed) is a Government Agency that is dedicated to stealing at least 2% of your cash every year. I'm not kidding. Completely serious. No joke. So how did this Agency come about? Well, I'm glad you asked. The Fed was created December 23, 1913. It was created to help "fix" the economy …
"[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 …
This is a review of Rutger Bregman's book Utopia for Realists. Rutger Bregman is a journalist at The Correspondent. In his book Utopia For Realists, he lays out his ideas for A. A Universal Basic Income B. Open Borders C. A 15 Hour Work Week His ideas only make sense when you look at his …
Frederic Bastiat was the man who came up with the idea of this fallacy. The fallacy goes like this: A boy throws a brick through a shop's window, A crowd quickly gathers to sympathize with the poor shopkeeper. After a while, the crowd begins to feel the need to philosophize and a man comes up …
Thanks for reading this series! Here is the Round up post. 1. Marx Madness! Karl Marx, The Man, The Myths, The Legend The intro and beginning of Marx's life. 2. Marx Madness! Karl Marx, The Man, The Myths, The Legend Part 2 Marx's marriage and early writings with Freidrich Engels 3. Marx Madness! Karl Marx, The Man, The Myths, The …
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
