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Tag Archives: economic systems
Pareto Is The Enemy Of Central Planning
Dear Friends, It seems to me, once one accepts that Pareto was right, then the question shifts from how to get rid of poverty to what’s the best way to distribute wealth? If poverty can’t be eliminated, then we should … Continue reading
Posted in economy
Tagged Capitalism vs Socialism, central planning, economic freedom, economic growth, economic history, economic incentives, Economic Philosophy, economic systems, economics, Free Market Theory, free markets, french revolution, government intervention, Income Inequality, individual liberty, Karl Marx, Market Economics, Pareto principle, political economy, populism vs elitism, poverty, prosperity, self-interest, socialism, soviet union, Venezuela, wealth creation, Wealth Distribution, Wealth Inequality
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Canada And The Central Planning Trap
Dear Friends, It seems to me, Canada is on the path to Venezuela. Venezuela was the richest country in South America after the oil boom. Once the communists gained power it went from the richest to the poorest. Not because … Continue reading
Posted in business, economy, Group Politics, Law
Tagged authoritarianism, Canada, category error, central planning, comparative economics, complex systems, corruption, despotism, economic complexity, economic systems, freedom, government overreach, incentives, institutional failure, markets, political economy, public policy, socialism, state power, Venezuela
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The Organic Nature of Capitalism
Dear Friends, It seems to me, the primary reason the market system works so well, is that a market based economy is organic in nature. In any ecological system there is a great diversity of inhabitants. The one thing they … Continue reading
Posted in economy, philosophy
Tagged anti capitalist, capitalism, capitalist, communist, ecological systems, ecology, economic systems, economics, economy, education, government, government spending, incentive, International Capitalist Party, jobs, market system, meritocracy, organic nature, rational maximiser
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