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In Defense of Freedom: My Response to Thomas L. Friedman
Author and New York Times writer Thomas L. Friedman wrote an article recently titled "Our One-Party Democracy." This article advocates for the end of the American Republic and the substitution of an autocracy of the enlightened. I was so disturbed by this suggestion appearing in the New York Times and made by such a prominent author that I had to ( Read more... ) -
Tyranny of the Majority Case Study: Proposition 8
This is something I wrote a while back. Ironically, many of the California voters who swooned over Obama and all his "progressive" policies proceeded to vote for a Constitutional amendment effectively making same-sex marriage illegal. Not only did they vote for it they were proud they did so; such an open-minded, enlightened bunch! Anyway, I wrote ( Read more... ) -
Resource Allocation: Why Governments Fail
Ultimately, economics is the study of resource allocation. Economists analyze what resources are available and how they are allocated across a society. They also analyze how these resources are allocated and what incentives are effecting this allocation. Efficiency is the maxim as it allows resources to be utilized more effectively, freeing up ( Read more... ) -
The Duty to be Free
Reposted from Mises Daily. An essay written by Nobel Prize-winning author William Faulkner. Perhaps the most eloquent explanation of why rights come with responsibilities and how people have abdicated responsibilities and thus lost their rights ( Read more... ) -
The Cost of CARS: Can Cash-for-Clunkers Build a Bubble?
By all indications the government's "Cash-for-Clunkers" program is a huge success. It has effectively achieved multiple goals. First, it has gotten gas-guzzlers off the road. Those cars are destroyed utterly to ensure they will never pollute again. Second, its getting cash into the hands of auto-dealers (which filters back to suppliers and auto ( Read more... ) -
The Effects of Inflation
When I first started driving I could fill up my tank on about $20. This was using 93 octane or better premium gasoline (supposedly necessary for "performance" vehicles). By the time I got a new car, two months ago, I was spending somewhere in the vicinity of $50 per fill up ( Read more... ) -
Majority Rules: A Lesson in Democracy's Failure
Recently, I took a cruise to Alaska. While at sea the cruise director provided a number of activities to keep us entertained (and consuming alcohol if possible). One of these games was called "Majority Rules." The way this game works is that the host would ask a question then collect answers from the teams. These answers would be tallied and ( Read more... ) -
Two Steps in the Right Direction
Yesterday two major elections took place ( Read more... ) -
Thoughts and More
So I've been doing some introspection lately. This has generally occurred for two reasons. First, I'm having to fill out all this stuff for graduation. Stuff for my loans, stuff to get my cap and gown, stuff to enroll for honors none sense, and stuff to actually get my degree. Second, I'm doing a massive project on Ford Motor Company for my ( Read more... )
