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10 Milton Friedman Quotes That Defy Liberal Logic Explained
Photo by LendingMemo “There is one and only one social responsibility of business–to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game, which is to say, engages in open and free competition without deception or fraud.” Contrary to popular belief, businesses…
A Problem Seven Times Worse than the National Debt
The national debt of the United States is barreling out of control and American politicians appear completely unwilling to anger prospective voters by honestly saying “The American taxpayers cannot afford to give you everything you want.” The US national debt is currently 16.8 trillion dollars. That number is too large for most of us to…
Backyard Mechanics: Saviors or Pariahs?
Auto repair can be costly. In times like these, where many Americans are feeling the pinch of the economy, having something break on your car can be devastating. Garages charge nearly $100 an hour in labor in addition to the markup on parts. Even a simple job can leave an unwanted dent in your already…
10 Achievements of Mankind Made Possible by Economic Freedom
Photo by jpalinsad360 6. Modern medicine The practice of medicine also changed in the face of rapid advances in science, as well as new approaches by physicians. Hospital doctors began much more systematic analysis of patients’ symptoms in diagnosis. Among the more powerful new techniques were anaesthesia, and the development of both antiseptic and aseptic…
It’s the End of the World As We Know It, and You’ll Be Fine
The United States is following the trajectory of the great empires of the past: A rapid rise lead by men of integrity and vision, followed by a period of wealth which encourages a softness of both thinking and character, and finally the inevitable decline caused by a lack of discipline and will. It is a…
Does White Privilege Exist?
Photo by the spexyliciousness There is also a trove of government programs designed to aid minorities — such as those geared toward minority-owned businesses — but no corresponding help for whites. Blacks and other minorities have a wide avenue of opportunities laid out for whoever is willing to try. We have many blacks as mayors,…