Tag Archives: regulation

Should We Civilize Our Children or Make Them Into Barbarians?

Dear Friends,   It seems to me, to have a civilized society we must civilize our children. Those who raise barbarians have barbarism as the wage. This should be pretty obvious, but most of philosophy, if you think about it, … Continue reading

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Standards Based Society Versus Regulated Society

Dear Friends,   It seems to me, standards are better for humanity than regulation, but regulation is better for the elite. Standards encourage commerce while regulations are, by design, intended to give some politically favored group, privilege. Standards drive people … Continue reading

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Immigration Reform

Dear Friends,   It seems to me, the immigration bill that is winding it’s way through the legislature, should be called “The wage suppression act of 2013.” Let’s face it, the United States does not have a shortage of workers, … Continue reading

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Incentives, in the Long and Short Term

Dear Friends,   It seems to me, incentives count, in every facet of human existence. People can be relied on to do what is in their immediate interests. Long term interests however, have less bearing on what we do, because … Continue reading

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The Deflation Bugbear

Dear Friends,   It seems to me, when economists worry about deflation it is like a doctor worrying about a runny nose, they both are concentrating on a symptom, not the underlying disease. The consensus among economists is that deflation … Continue reading

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The Republican Party is Dead… Long Live the Tea Party

Dear Friends,   It seems to me… the republican party is in a death spiral of it’s own making. No political party can stab it’s base in the back, over and over, and survive as a viable party for long. … Continue reading

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The Rise of the Proletariat

Dear Friends,   It seems to me, the two parties in the US don’t represent the people, they represent two factions of the elite. The democrat party represents the so called “New Class” while the republican party represents the bourgeois. … Continue reading

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The Religion of Socialism

Dear Friends,   It seems to me that socialism is a religion. The committed socialist behaves exactly as if he or she is a member of a cult. A body where their God is the collective, to be sure, but … Continue reading

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Our Constitutional Crisis

Dear Friends,   It seems to me, the debt ceiling and government shutdown is not about spending, and it is not about winning or loosing a mere political battle, it is a Constitutional crisis. The needless rhetoric that has been … Continue reading

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I Pencil and Complexity Theory

Dear Friends,   It seems to me, the most commonly known analogy in economics is, I Pencil. This narrative shows that the capitalist system produces things of such complexity it would be impossible for a central authority to do it. … Continue reading

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