My posts don’t normally get into politics. I do point out problems caused by Big Government, and warn people to be on guard against expanding government, but I don’t normally get into the D versus R thing. However, in this post I will discuss the fact that Democrats keep calling Trump a totalitarian. They claim … Continue reading Who is Totalitarian?
Last week, voters in Santa Fe voted down a new tax on soda and other sugary beverages that would have added 24 cents to the cost of a can of soda. The vote failed 58% to 42%. Score it as freedom one, nanny state zero. By itself, not a major issue, but symbolic of the … Continue reading Freedom 1, Nanny State 0
Economic freedom is the heart of free-market capitalism. Freedom and competition are significant reasons why capitalism provides greater prosperity. An April 5th Wall Street Journal article (Gillette, in Change, Shaves Prices by Sharon Terlep) provides an opportunity to discuss competition. The article describes Gillette’s situation as follows: “Gillette, which dominates the global razor business, has … Continue reading Competition is a Close Shave
Economic growth is great because it helps improve the standard of living for everyone in society. So it is a minor tragedy that economic growth for the period 2001 to 2015 was dreadfully miserable. Growth History The graph below tells the story: This graph shows the annual growth rate of real GDP per capita (i.e., … Continue reading Dismal Growth 2001-2015
Libertarians and Republicans are typically more distrustful of government than Democrats. However, recent events may be making Democrats think twice. Since the 2016 election, many Democrats have bemoaned the power that President Trump has wielded or will wield. Welcome to the party, my lefty friends. Distrust of government is a longstanding and healthy characteristic of … Continue reading Democrats Should Fear Big Government
Why is Capitalism Better? Why is free-market capitalism superior to Big Government? It boils down to two big words: dignity and prosperity. Free-market capitalism provides the average person with greater dignity and prosperity. There are many reasons why this is so, but the one overarching reason relates to freedom. Free-market capitalism allows individuals to keep … Continue reading Foundation #3: Why Capitalism Better?
This post defines a couple of terms used quite a bit on this website. What is Free-Market Capitalism? Capitalism is an economic system in which private individuals own all or most of the property and businesses. It is sometimes referred to as the 'free enterprise' system. The heart of free-market capitalism is economic freedom, which … Continue reading Foundation #2: Definitions