Government is better at allocating limited resources than private corporations.
FREE MARKET THEORY, while very effective at allocating private goods and services, was never intended to be applied in the public sector. The United States of America is arguably the greatest example of the privatized economic model, in which free market theory is applied [...]
Gasoline prices are set by a willing buyer and a willing seller, aka supply and demand. The simple definition: as demand increases, supplies fall, and the price for the available resources goes up. The U.S. government cannot directly control the price of a global commodity like gasoline any more than it could limit what YOU [...]
I got into a nice debate on Facebook tonight about Socialism, and thought I’d share an overview of my position here, for all to see (since Facebook doesn’t index its content on Google, and since I am starting to hate Facebook):
In theory, it works well. In a country where the masses are not equipped to [...]
Dr. Martin Luther King lived and died long before I was ever born, but I am still deeply moved by his wisdom, courage and conviction. His speeches carry more inspiration than the beliefs of any person who has come after him. Even in death, he brought hope to those who would listen. Had he not [...]
So long as they don’t dig up evidence that proves Ron Paul is a closet neocon, he has my vote.
I recently discovered a law that was passed last year, which makes annoying someone online anonymously a federal crime.
Never before have I seen such political mastery coming from more than a single candidate, that I am honestly impressed.
I thank Ron Paul for the information I am using to formulate my opinion. This enlightenment came near the end of the ABC/Facebook Republican debates, during Ron Paul’s response to the following question: Given the fact that oil went from $61 a barrel in January 2007 to $100 last week (January 2008) , don’t [...]
Opportunity, as they say in economics, has its costs. A simple economic principle I studied in college was the production possibility frontier, which states that a government, given a fixed amount of resources, can produce or purchase a fixed amount of good A, good B, or a combination of both. This principle is [...]
Another passage for you to reflect on. I will reflect on this later in a related post. This is a rare gem from the movie Network, made in 1976. Funny how the future was so easy to predict some 30 years ago.
I don’t have to tell you things are bad. Everybody knows things are bad. [...]