In this interview, Milton Friedman responds to Phil Donahue’s concerns about greed.
The path less traveled.
In this interview, Milton Friedman responds to Phil Donahue’s concerns about greed.
The Heritage Foundation has an interesting 2015 article on, The Redistributive State: The Allocation of Government Benefits, Services, and Taxes in the United States. In…
GoldMoney, an online service that allows consumers to buy, hold and sell bullion gold, recently announced a series of enhancements, including a debit card that…
Hardly a day passes here in Spain that we don’t hear news of yet another case of political corruption. Whether it’s the left-leaning PSOE or…
The US tax revenue as a percentage of GDP is about 35%. In this article, Phil Greenspun points out that Obamacare, which forces citizens to…
Speaking with people of different religious beliefs, I’ve always found it curious to hear a common viewpoint, that goes something along the lines of: >…
Eye opening comments on American poverty statistics.
Interesting thoughts from Craig Rowland about the Cyprus banking crisis.
In discussions about society and economics, proponents of collectivism often respond to free-market capitalists with incredulity. How could you possibly put profit above the needs of human beings? That is a tragic misunderstanding. And in a domain so important but so closely tied to emotion, it often derails constructive conversation and progress.
In Money for Something, we talk about viewing wealth in terms of the income it can generate. This handy rule can also be used in reverse!
I ran across an info-graphic visually demonstrating how much less Mitt Romney pays in taxes, as a percentage of his income. It’s very deceptive. Can you figure out why?
People who argue that transferring weath from one segment of society to another through taxes should remember there’s an ugly intermediary in-between.
According to Milton Friedman, the problem with socialism isn’t its intentions; the notions of government helping those in need, and protecting the disadvantaged are honorable. The problem is that when implemented, public funds inevitably end up in the wrong hands, and far more people exploit protection than benefit from it.
“The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and…
Obviously not a perfect analogy, but I found it cute nonetheless.
