How the FED Causes Booms and Busts
The result of the Federal Reserve’s increase in the money supply, which pushes interest rates below that market-balancing point, is an emerging price inflation and an initial investment boom, both of which are unsustainable in the long run.
Confusing The Political Corruption of “Crony Capitalism” with The Economic Freedom of Real Capitalism
The good name of “capitalism” has to be recaptured and restored, just as the good name and concept of “liberalism,” rightly understood, should be returned to the advocates of individual liberty and free enterprise.
The Purpose of a Business: Creating Value (Goods and Services) For Value (Profit)
Business is for producing and trading material values, driven by the profit motive.
The Hubris of the Political Power-Lusting “Leaders”
The friends of freedom must remind their fellow citizens that the only fundamental political question in any election is whether or not those running for political office unswervingly declare their allegiance to the philosophy of individual rights to life, liberty and property and its accompanying social system of free market capitalism?
Fear of Aging
Q: I’m terribly afraid of aging. I’m only in my forties, but I think about it a lot. Is there anything you can do to help? A: You’re aging — we’re all aging — from the minute we’re born. Ruminating about something over which...Profit motive and private property—keys to preventing forest fire damage
While it is too late to prevent the damage in Fort McMurray now, the solution to minimizing losses from fires in the future is to sell the government forests and let private owners manage them for long-term profitability—by protecting their own property and respecting the property rights of others (through good property management to reduce the fire hazard).
Human Flourishing Requires Energy—not Government Coercion
Individual rights include the freedom to use whichever sources of energy people and businesses want, as long as they don’t violate others’ rights.
Lying in Business
In my years of teaching ethics to business students, I must have heard it all when it comes to justifying deception and lying in business.
