Some 94 percent of Americans who reach “top 1 percent” income status will enjoy it for only a single year. Approximately 99 percent will lose their “top 1 percent” status within a decade. Now consider the top 400 U.S. income-earners—a far more exclusive club than the...
Summary: National Socialism and Democratic Socialism both advocate institutionalized violence by the state against peaceful people only differing in rhetoric. The most popular self described Democratic Socialists in America today are Senator Bernie Sanders and...
https://youtu.be/ZwWHjYVY4tg In the private sector, firms must attract voluntary customers or they fail; and if they fail, investors lose their money, and managers and employees lose their jobs. The possibility of failure, therefore, is a powerful incentive to find...
In 2023, despite skyrocketing inflation and debt, as well as rising sociopolitical divisions, leadership among both Republicans and Democrats will always agree that substantially more US taxpayer money, never less, should be poured into the military-industrial complex, according to an analysis by journalist Judd Legum.
Myth #1: Libertarians believe that each individual is an isolated, hermetically sealed atom, acting in a vacuum without influencing each other. This is a common charge, but a highly puzzling one. In a lifetime of reading libertarian and classical-liberal...
The most recent release from the federally funded Nation’s Report Card shows that 40 percent of eighth graders lack even a basic understanding of U.S. history, while only 14 percent are proficient or advanced in history. This score from 2022 showing so many students...
Institutions are, of course, in some sense the products of culture. But, because they formalize a set of norms, institutions are often the things that keep a culture honest, determining how far it is conducive to good behaviour rather than bad. To illustrate the...
https://youtu.be/f7HG2ljcgTk First, we should recognize that institutions such as states show a natural aggressiveness. The explanation is very simple. If you have to fund your own aggressive ventures yourself, out of your own pocket, that will somewhat curtail your...
When you shop online, vendors usually give you a bunch of different ways to sort your options. Take Amazon: One popular sorting option – especially for customers with low income – is “Price: Low to High.” You’ve probably used it yourself many times. This...
Here’s an odd thought for a libertarian: The government very rarely tells me to do anything. Once per year, the IRS orders me to pay federal income taxes. Once per year, the state of Virginia forces me to pay state income taxes and get my car inspected. Once per...
Amazon is simply the best store that ever existed, by far, with incredible selection and unearthly convenience. The price: cheap. Facebook, Twitter, and other social media let us socialize with our friends, comfortably meet new people, and explore even the most...
https://youtu.be/kQToT7640h4 A democratic vote is like the captain of a ship having to consult every passenger about the best course to chart through an approaching storm. – The School of Life, Philosophy in 40 Ideas (2020), p. 13 Watch on Odysee
Bernie is at it again folks. Recently, the Democratic senator proposed that the government confiscate all the money that a person makes above $999 million. This came about from an interview with Chris Wallace discussing his new book, It’s OK to Be Angry About...
If people are free to discriminate in favor of, or against, a university or wine, what argument can be made against their having that same right with respect to choosing based on the race or sex characteristics of their mates, employees, tenants, or club members? If...
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