Tag Archives: capitalism

Innovation, Luxury and Necessity

Dear Friends, It seems to me, one lens through which we could examine human history, is that of luxuries changing into necessities. Take bread for example. During the ice age, and even after farming had been adopted, bread was a … Continue reading

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Rationalize Unlimited Power

Dear Friends, It seems to me, if an academic wants to get rich, and has no morals, all they need do is invent a “science,” that not only proves the rich and powerful deserve their riches and political power, but … Continue reading

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Inflation And Deflation

Dear Friends, It seems to me, when Trump takes command, even if the Fed were to cut interest rates, there will be deflation, not inflation… as long as he cuts government spending, taxes and regulation at the same time. Think … Continue reading

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Ways To Order An Economy

Dear Friends, It seems to me, there are only two ways to order an economy, by political favor or by free association. Political favor includes, but isn’t limited to, Marxism, communism, socialism, fascism, etc… while free association is also called … Continue reading

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Ecology As An Analogue Of Economics

Dear Friends, It seems to me, the world’s ecosystem is an example of perfect competition. Habitats are an analogue of an economy. Or more appropriately, free enterprise is an analogue of an ecosystem. Each entity vying for the same limited … Continue reading

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Goals And Results

Dear Friends, It seems to me, the world needs idealists, but it can’t be run by them… for that it needs pragmatists. Moreover, idealism is best when the idealists idealize human goods, not the means to them. Because an idealist … Continue reading

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Some Are More Equal

Dear Friends, It seems to me, that “some are more equal than others” (under the law) isn’t only a communist philosophy, but the core philosophy of all elitist ideologies. Aristocracy, oligarchy, socialism, communism, corporatism, fascism… despotism of all breeds hold … Continue reading

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Migration Proves Communism Evil And Capitalism Good

Dear Friends, It seems to me, action betrays even self delusion. We’re self interested, and we do what we believe is in our self interest. We don’t work hard to harm ourselves. Do you? Judging from history and modernity, people … Continue reading

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Migration And Human Nature

Dear friends, It seems to me, people migrating to the US are all for Biden’s open borders, in other words, they’re democrats. Until they get here, then they’ll be all for closed borders, capitalism and freedom. In other words, they’ll … Continue reading

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Counter Party Risk

Dear Friends, It seems to me, the higher the counter party risk, the more expensive, difficult and scary it is to do business. If counter party risk gets too high, business can’t be done, and economic activity ceases. Put personally, … Continue reading

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