Tuesday, December 4, 2012
Thursday, September 6, 2012
Honduras is paving the way for three privately run cities. They will each supposedly have their own police, laws, government and tax systems. It is being done in an effort to promote wealth creation in the area through trade, something like the things that have been done in Dubai. I am a bit skeptical of this actually happening but it will interesting to see even if only one is accomplished. The question, though, is wouldn't warlords take over?
Honduran Model-Cities: A Historical Perspective
Posted by ClassicalLiberal at 8:06 AM
Friday, August 17, 2012
I recently came across this touching animated story about the creation of the company LEGO. It is both heartwarming and inspirational. Private property rights may be the foundation of capitalism but entrepreneurialism is at its heart. Entrepreneurs are what what make our lives better one idea at a time.
Posted by ClassicalLiberal at 9:18 AM
Friday, July 20, 2012
Monday, April 30, 2012
Horwitz’s First Law of Political Economy:
“No one hates capitalism more than capitalists.”
Horwitz's favorite phrase of Political Economy:
"It's a feature, not a bug."Explanation: "Libertarians... argue that corporate influence over the State is not a “bug” in the political process that can be fixed by better people or restrictions, but rather a feature of that process, in the sense that one of the purposes of the State is to serve the interests of those with the most to spend and the most to gain from intervention."
Woods's Law #1:
"Whenever the private sector introduces an innovation that makes the poor better off than they would have been without it, or that offers benefits or terms that no one else is prepared to offer them, someone—in the name of helping the poor—will call for curbing or abolishing it."
Woods' Law #2:
"The 'progressive' Left always prefers a neoconservative to an antiwar libertarian."
"People tend to specialize in what they are worst at. Henry George, for example, is great on everything but land, so therefore he writes about land 90% of the time. Friedman is great except on money, so he concentrates on money. Mises, however, and Kirzner too, always did what they were best at."
Hayek's Law: (as coined by Mark Skousen)
"Hayek's Law states that the economy takes a long time to recover after an unsustainable boom (1995-99). The excesses of the previous boom create an investment structure that cannot be easily dismantled and transferred to new uses." (also see more insight from Rothbard's wisdom)
Laws by Unknown people
"Individuals generally attack most vehemently the ideas they themselves once held."
Thursday, March 22, 2012
Wednesday, January 4, 2012
So conservatives pick Romney and Santorum? I just cannot get over the fact that there was a Tea Party movement that wanted reduced government and these guys win in Iowa?
In his last Congress (2005-2006), he had one of the biggest spending agendas of any Republican -- sponsoring more spending increases than Republicans Lisa Murkowski, Lincoln Chafee and Thad Cochran or Democrats Herb Kohl, Evan Bayh and Ron Wyden.
“One of the criticisms I make is to what I refer to as more of a Libertarianish right,” Santorum said. “They have this idea that people should be left alone, be able to do whatever they want to do, government should keep our taxes down and keep our regulations low, that we shouldn’t get involved in the bedroom, we shouldn’t get involved in cultural issues. That is not how traditional conservatives view the world.”
He concluded, “there is no such society that I am aware of, where we’ve had radical individualism and that it succeeds as a culture.”
I would like to make this longer but I am disgusted and dont want to waste any more time on this today. These guys are for big government and militarism/world policing. Those who claim to be "conservatives," yet support neocons are right-wing progressives (and hypocrites).