Archive for Economics

The Magic of Parkinson’s Law and Your Money

by: Kevin Mogavero November 4, 2011

By Kevin Mogavero Parkinson’s Law: “Work Expands so as to fill the time available for its completion.” In other words, we’ll take all the allotted time available to complete a task. If we’ve got an hour to do a task, we’ll take an hour to do it. If we’ve got a minute to do the [...]

A U.S. Grand Policy

by: Oliver DeMille October 26, 2011

By Oliver DeMille The Jobs Plan We Need In the furor over the national debt, deficits, stimulus programs, the Obama Administration’s proposed jobs plan and the Republican responses, we are missing a simple reality. America right now is in desperate need of a clear, simple, overarching Grand Policy. The Grand Policy would look something like [...]

Capitalism vs. Free Enterprise

by: Oliver DeMille October 17, 2011

By Oliver DeMille The New Culture War During the Cold War, people came to equate the three ideas of democracy, capitalism and free enterprise. This made sense at some level, since the whole world seemed inescapably divided into authoritarian, totalitarian, socialist and communist nations on the one hand and democratic, capitalistic and free enterprise nations [...]

Property and Freedom

by: Oliver DeMille September 26, 2011

By Oliver DeMille We can learn a lot about freedom by understanding how Marx wanted to establish communism. One of his ten planks of establishing communism was this: 1. Abolition of property in land and application of all rents of land to public purposes… Take away property and you take away freedom. If a man [...]

A Staggering Employment Statistic Evidencing a Crippling Lie

by: Stephen Palmer September 5, 2011

Free men and women choose. If they don’t like something, they change it. If they see something that needs improving, they innovate. If they want a better life, they fight for it. If they want more money, they produce and earn more.

A New Definition of Success

by: Oliver DeMille August 29, 2011

By Oliver DeMille The Religion of Prosperity The lasting legacy of the twentieth century may be its materialistic definition of success. Indeed, the “religion” of prosperity has grown to dominate politics, philosophy, religious debate, family and community culture and even education (people sent their children to school with patently career/financial goals). Even the enemies of [...]

Debts and Deficits: A Jane Austen Story

by: Oliver DeMille August 19, 2011

by Oliver DeMille Chapter I: A Truth Universally Acknowledged It is a truth universally acknowledged, that when a nation treats business badly, corporations with extra capital take it abroad and the home nation faces job losses and economic challenges. Such nations experience widespread anxiety about their future, problems feel overwhelming, and the leaders seem unable—or [...]

You Can’t Fix Stupid

by: Shanon Brooks August 10, 2011

by Shanon Brooks Once upon a time and in a land not so far away, there were a people who willingly made personal economic decisions beyond their income capacity.  They borrowed money from lenders for cars, clothes, vacations, homes far beyond their ability to maintain payments. They borrowed money to pay for all sorts of [...]

Lessons In Statesmanship from New Delhi’s Students In Free Enterprise

by: Stephen Palmer July 2, 2011

The nation of Burma was once described by Kipling as, “quite unlike any land you know about.” Famous for its rich culture and heritage, Burma is also sadly renowned for the brutality of its current regime. Political and armed conflict between the repressive military regime and its opponents have displaced more than 3.5 million people [...]

Recording of Our Colloquium on “Beyond Capitalism & Socialism”

by: Stephen Palmer July 1, 2011

“…the farm is a teacher of virtue and of the life devoted to freedom.” -Menander Two nights ago we held our first official book discussion on the though-provoking book, Beyond Capitalism & Socialism edited by Tobias J. Lanz. Click here to download the recording now. (Be patient with the download; it’s a big file.) You’ll [...]