Friday, November 29, 2024

TGIF: On Fairness

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Fairness and its synonyms are among the most abused words in English. By that I mean they are commonly manipulated for ideological ends. Wo...
Tuesday, November 26, 2024

Economics and Everyday Life, 2

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"[E]conomic relations constitute a machinery by which men devote their energies to the immediate accomplishment of each other's pur...
Monday, November 25, 2024

Economics and Everyday Life

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"[T]he general principles which regulate our conduct in business are identical with those which regulate our deliberations, our selecti...
Friday, November 22, 2024

TGIF: "You Didn't Build That"

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Remember Barack Obama's profound 2012 campaign speech  about success? Here's part of what he said: There are a lot of wealthy, succe...
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Tuesday, November 19, 2024

Taking It for Granted

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"Capitalism, says Marx, unthinkingly repeating the fables of the eulogists of the Middle Ages, has an inevitable tendency to impoverish...
Monday, November 18, 2024

The Miracle of Mass Production

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"The fact that my fellow man wants to acquire shoes as I do, does not make it harder for me to get shoes, but easier." —Ludwig von...
Sunday, November 17, 2024

Shame on You, Socialists

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American socialists not only pit workers against entrepreneurs; they also pit rich American workers against the poor workers of the rest of ...

The Value of Selfishness

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"The welfare school pretends not only to stand for the interests of the whole of society as against the selfish interests of profit-see...
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