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Rick asks: " Where do you see capitalism fitting into government? "

  • Posted on: 17 November 2012
  • By: Anonymous (not verified)

In a recent email exchange, by friend Rick asked: " Where do you see capitalism fitting into government? I understand where socialism fits in."  My reply....

Rick.

To make an adequate attempt to answers this question, it may be best to start by defining our terms. 

The Property Rights View - from a "devil's advocate"

  • Posted on: 14 November 2012
  • By: Anonymous (not verified)

Rick.

Re-read my article again carefully. The rationale for collective bargaining as theft is clearly laid out. 

The options that you are suggesting for the employer are severe - to be forced to shut down his business or to uproot his family, business, etc to go to more 'work-friendly' jurisdictions are hardly realistic options for most business owners. 

Caring for the aged, voluntarily

  • Posted on: 8 November 2012
  • By: Allen Small

My daughter works for a small local university as a writer and web specialist, promoting the school to the rest of the community. Interestingly the head of the business department in this school is an advocate of the Austrian School of Economics. It turns out other professors are discovering that governments are often not the answer to every social issue. Here from one of her postings is an example:

A low-cost answer to our aging population? We’re already doing it.

 

2 out of 3 days wasted in ER

  • Posted on: 20 October 2012
  • By: Jim McIntosh

I spent three days in the Emergency Room last week (October 8-10/12). I arrived at the Ajax/Pickering hospital Monday about 9 AM complaining of chest pain. That gets fast action! They don't want anyone dying in the waiting room. A few years ago I cut off the tip of my left thumb and bled in the waiting room for 3-4 hours before a doctor saw me.

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