“Khufu2” by _Khufu.JPG: byderivative work: Gospodar svemira (talk) – _Khufu.JPG. Licensed under Public Domain via Wikimedia Commons. 1. Pharaoh Khufu of Egypt Khufu was a Pharaoh of Ancient Egypt’s Old Kingdom. He reigned from around 2589 to 2566 BC. Khufu was the second pharaoh of the Fourth Dynasty. He is generally accepted as being the…
The main problem with welfare such as unemployment benefits, or government handouts, is that it de-capitalizes the productive members of society and capitalizes unproductive members. The productive members are the entrepreneurs. Those who predict what goods consumers will demand in the future and produce them in the present. When the government imposes taxes, it takes…
In an era when girls outperform boys at school and outnumber male students at universities, and when women experience no more practical hindrances than men in achieving anything they want in life, it has become harder to paint women as victims. Feminists have been forced to shift their attention to the hazy cultural sphere in…
Photo by Aris Gionis 1. Created a Latin American style corrupt economy The economic history of Greece is a prime example of systemic Third World level corruption and careless spending. Greece always had a very poor fiscal reputation. Ever since the US sponsored Marshall Plan in the 1940s, Greece was a constant recipient of foreign…
Photo by Gage Skidmore “A wise and frugal government which shall restrain men from injuring one another, which shall leave them otherwise free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned. This is the sum of good government.” Thomas Jefferson,…
Until recently, there was more socialism in Greece than was ever seen in the Soviet Union. Higher education, stipends and food for students was provided for free by the State. Public sector workers were entitled to fourteen month salaries for a year’s work, in addition to social benefits and various bonuses. Job security was unrivaled,…