PLENTY of Counter-Ecomics
With the growing interest in buying local and fears about inflation, the economy, and distrust of the Federal Reserve interest in local and alternative currencies has exploded recently. The Piedmont has even seen the rebirth of the PLENTY, a local currency based in Pittsboro, NC. How do alternative currencies work and does the PLENTY offer any hope for counter economist in the Carolinas? Read on to find out more…
For the first time, I can honestly say Obama was speaking to me!
It is easy to imagine that the following portion of Obama's inaugural address was directed towards libertarians:
What the cynics fail to understand is that the ground has shifted beneath them -- that the stale political arguments that have consumed us for so long no longer apply. The question we ask today is not whether our government is too big or too small, but whether it works ....
Back Again in the Blogosphere
I'd like to thank Jeff for offering me the chance to be a part of this blog. For those of you who may be interested, you can take a look at some of my previous posts at my old (now defunct) blog: http://nothingcouldbefiner.blogspot.com .
Why I am a Libertarian
I wrote the following as a response to a friend who feels that she is a Libertarian, but has doubts about the plausibility of achieving a Libertarian system in our society. I liked it enough to re-post it here:
Americans are Economic Illiterates (Part 2)
More evidence that most Americans are economic illiterates lies in their frequent demands for the government to increase taxes on corporations. The common, but misguided, perception is that businesses and companies do not pay their 'fair share' of taxes; therefore, corporate taxes should be increased.
Because it is a politically popular view, greedy politicians who acknowledge the economic ignorance of the populace will righteously champion the cause.
Americans are Economic Illiterates (Part 1)
Thanks to the government-run public education system, it seems that most Americans are economic illiterates. Now, I don't claim to be an expert on the dismal science, and I've never played an economist on TV. But I find it astounding how little common sense and rational thought is applied by so many when discussing economic matters.
For starters, why do people think that the government can magically 'create' wealth and prosperity where there was none before?
Obama says he wants to 'create' three million new jobs in the next two years. How exactly does he propose to do this?
"Change We Can Believe In?" Not even close...
Throughout his presidential campaign, Barack Obama painted John McCain’s policies as an extension of the failed Bush policies of the past eight years.
Now that Mr. Obama has been elected, will we finally see change? Let’s see...
George Bush, John McCain, and many other Congressional Republicans have been long-time supporters of the wars in Iraq and Afghanistan, which have cost American taxpayers hundreds of billions of dollars, resulted in the deaths of hundreds of thousands of innocent civilians, and have done nothing to make the United States and its citizens more secure.
The societal benefit of failure
Failure is the engine of growth and efficiency in capitilism. Failure improves our societies standard of living and ensures that our children will have more wealth than we do. Common wisdom is that failure is "bad" and that it destroys jobs and wealth thus the need to save companies from failure such as GM and Ford.
Welcome to charlotteliberty.org
... because what the world needs now is another libertarian blog, right?