Archive for the ‘economic’ Category

 

Throughout the history of the world, the average person on earth has been extremely poor: subsisting on the modern equivalent of $3 per day. This was true until 1800, at which point average wages—and standards of living—began to rise dramatically. Prof. Deirdre McCloskey explains how this tremendous increase in wealth came about. In the past 30 years alone, the number of people in the world living on less than $3 per day has been halved. The cause of the economic growth we have witnessed in the past 200 years may surprise you. It’s not exploitation, or investment. Innovation—new ideas, new inventions, materials, machinery, organizational structures—has fueled this economic boom. Prof. McCloskey explains how changes in Holland and England in the 1600s and 1700s opened the door for innovation to take off—starting the growth that continues to benefit us today.

via Why Does 1% of History Have 99% of the Wealth? | Learn Liberty – YouTube.

 

As technological developments increased farm yields over the last two centuries, the share of the US population employed in agriculture fell from around 90 percent to around 2 percent.

The lay American public supposes that when workers lose their jobs, we become worse off — they suffer from what economist Bryan Caplan calls the ‘make-work’ bias. But would anyone prefer to live in a society in which many went hungry and no one enjoyed the wealth, financial security, job growth, and innovation created as all those workers lost their farm jobs?

Follow Caplan, author of The Myth of the Rational Voter, as he explains the gap between the public’s opinion and the economist’s facts. In this video, Caplan talks about the merits and demerits of ‘making work’ – instead of letting individuals find work.

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Frederic Bastiat contends that to aim to increase the proportion of effort to output is to imitate Sisyphus in his hopeless attempt to move a stone up a hill:

http://mises.org/daily/6157/Industry-…

Daniel J. Mitchell explains the fallacy that government creates jobs:

http://www.cato.org/publications/comm…

► For resources, transcripts, videos, and more visit: http://www.learnliberty.org/videos/ma…

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via Make Progress, Not Work | Econ Chronicles | Learn Liberty – YouTube.

The environmental agenda has been infected by extremism—it’s become an economic suicide pact. And we’re here to challenge it. On Earth Day, visit http://www.freemarketamerica.org.

We all know why the Watermelons (Green outside, red inside) want America to fail. A failed state is ripe for totalitarian takeover. Just ask the Germans, the Russians, the Chinese, the Cubans, the Venezuelans, the Vietnamese, the Rhodesians (if you can find any), soon the Argentinians. and on and on and on.

 

And to remind you of how long the Watermelon totalitarians and their media accomplices have been working on this:
From Newsweak (sic) April, 28, 1975


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Part One: Taking Fame and Casting Blame

Zo examines a liberal meme that blames conservatives and credits liberals for a list of policies and issues in American history.

Zo also points to the cowardice of democrats trying to throw people off the scent of their rotten history by trying to switch labels to stigmatize conservatives. Are you going to let democrats twist and paint what conservatism is?

Part Two: Switching Labels and Telling Fables

Zo continues with his examination of a liberal meme that blames conservatives and credits liberals for a list of policies and issues in American history.

Zo further points out the cowardice of democrats trying to This is part 3 of 4 of Zo’s examination of a liberal meme that blames conservatives and credits liberals for a list of policies and issues in American history. Zo also points out more of the cowardice of democrats trying to throw people off the scent of their rotten history by trying to switch labels to stigmatize conservatives. Are you going to let democrats twist and paint what conservatism is? Here more in this ZoNation!throw people off the scent of their rotten history, by trying to switch labels to stigmatize conservatives.

Are you going to let democrats twist and paint what conservatismis? Here more in this ZoNation!

Part Three: It’s the Republicans Fault That Democrats Oppress You

This is part 3 of 4 of Zo’s examination of a liberal meme that blames conservatives and credits liberals for a list of policies and issues in American history. Zo also points out more of the cowardice of democrats trying to throw people off the scent of their rotten history by trying to switch labels to stigmatize conservatives. Are you going to let democrats twist and paint what conservatism is? Here more in this ZoNation!

Part Four: ‘Hey Democrats–I Can Still See You Behind You Label Switching

Zo wraps up his examination of a liberal meme that is as close as Zo wants to get to a colonoscopy (considering how full of crap this meme is). Its a meme that blames conservatives and credits liberals for a list of policies and issues in American history. Zo also points the cowardice of democrats trying to throw people off the scent of their rotten history by trying to switch labels to stigmatize conservatives. Are you going to let democrats twist and paint what conservatism is? Here more in this ZoNation!

Experience the creative energy and conservative insight that Zo delivers in every show. Click here to buy the ZoNation Complete Series Collection: http://bit.ly/ZoNationCompleteSeries

From Damian Paletta at the Wall Street Journal

The Social Security Administration has begun warning the public it cannot guarantee full benefit payments if the debt ceiling isn’t increased.

When asked by the public, the agency is notifying beneficiaries that “Unlike a federal shutdown which has no impact on the payment of Social Security benefits, failure to raise the debt ceiling puts Social Security benefits at risk,” according to a person familiar with the agency directive.

The warning was assembled after the agency consulted with the Treasury Department, which would play a lead role in determining how the government handles payments if the borrowing limit isn’t raised soon.

“Our employees started receiving questions from the public, so the agency worked with Treasury to provide an answer they could use when asked about the debt ceiling by the public,” a Social Security Administration spokesman said.

In 1937 the Roosevelt administration had to defend the Social Security Act and did so by stating before the Supreme Court that the inanely named FICA was simply a tax with no contract of benefits accruing to the payers and thus legal under government’s taxing authority. Sounds ;ike Justice Roberts” reasoning in the Obamacare fiasco, doesn’t it? The 1937 case was .

Obama is trying to fulfill the Cloward-Piven Stategy which is actually a blueprint for despotic communism. The idea of a equal living income for everone has a major flaw, who pays?

Markets are much more than multinational corporations, banking firms, and stock brokerages on Wall Street, though all of those things are the result of a market system.Sound economies, from the biggest multinational banks to a childs sidewalk lemonade stand, operate on the principles of private property and exchange. These concepts are the building blocks of free societies, and it is the system of countless small trades, taken as a whole, that we call “the market.”It is important to note that these trades are positive sum win-win situations: each party agrees to a trade because they value what theyre getting more than what theyre giving up.And when those trades are voluntary–when nothing is preventing people from making trades or forcing people to make trades–that results in a free market, which makes everyone healthier, wealthier, more peaceful, and more technologically advanced.Thats what libertarians mean when they defend the free market.

via What Libertarians Mean By The Free Market – YouTube.

If we each have a boxed lunch with the same sandwich, chips, a pickle, and a cookie, why would we consider trading items? Perhaps I prefer chips and you prefer cookies. Maybe I’ll give you my cookie for your chips. Now both of us are happier with our lunches. This is one example of how exchange can make people better off even without increasing the total amount of wealth. Exchange helps correct mistakes in allocation and it makes everyone involved happier. Professor Michael C. Munger offers a few examples of how exchange can make people happier whether people have the same preferences or different preferences, the same stuff to start with or different stuff. The ability to make people better off by simple exchange may seem like magic, Munger says, but it’s just markets.

via Why Do We Exchange Things? – YouTube.


Bill Whittle thinks that President Obama is trying to deliberately hurt America through the questionable sequester budget cuts. Why would the President of the United States try to punish the nation he has sworn to protect?

via PJTV: Making It Hurt – YouTube.

Also just for fun let me add these from the goals of the American Communist Party as reported in the Congressional Record in 1963:

17. Get control of the schools. Use them as transmission belts for socialism and current Communist propaganda. Soften the curriculum. Get control of teachers’ associations. Put the party line in textbooks.

18. Gain control of all student newspapers.

19. Use student riots to foment public protests against programs or organizations which are under Communist attack.

20. Infiltrate the press. Get control of book-review assignments, editorial writing, policymaking positions.

21. Gain control of key positions in radio, TV, and motion pictures.

22. Continue discrediting American culture by degrading all forms of artistic expression. An American Communist cell was told to “eliminate all good sculpture from parks and buildings, substitute shapeless, awkward and meaningless forms.”

23. Control art critics and directors of art museums. “Our plan is to promote ugliness, repulsive, meaningless art.”

24. Eliminate all laws governing obscenity by calling them “censorship” and a violation of free speech and free press.

25. Break down cultural standards of morality by promoting pornography and obscenity in books, magazines, motion pictures, radio, and TV.

26. Present homosexuality, degeneracy and promiscuity as “normal, natural, healthy.”

27. Infiltrate the churches and replace revealed religion with “social” religion. Discredit the Bible and emphasize the need for intellectual maturity which does not need a “religious crutch.”

28. Eliminate prayer or any phase of religious expression in the schools on the ground that it violates the principle of “separation of church and state.”

This week, we explain what NOT to do when talking to people about liberty… with special guest, Libertarian Girl!

The Libertarienne Show is hosted by Cathy Reisenwitz and produced by Sean W. Malone of CitizenA Media, LLC

via How NOT to Talk to People About Liberty – YouTube.