By Monty Pelerin , posted December 3rd, 2009 http://www.economicnoise.com/2009/12/03/jimmy-stewart-wouldnt-run-these-banks/ Frank Capra’s George Bailey of Bailey Savings and Loan would surely not recognize our banking system or its accounting. However, Mr. Potter, George’s evil competitor...
Posted to
Monty Pelerin's World
by
Monty Pelerin
on Thu, Dec 3 2009
Filed under: economy, politics, financial system, Government, economics, morality, ethics, insolvency, bankruptcy, credibility, integrity, failing
Socialism inevitably leads to destitution and famine in direct proportion to the thoroughness with which it is applied. This has been shown to be true historically, with or without Marxist ideology or 20th century totalitarianism. It has starved 17th century colonists in Virginia and Plymouth just as...
Freedom is intimately associated with discipline. Freedom without discipline portends doom oftener than not. In Economic sphere, this discipline will have to be derivable from, or will lead to ethical behaviour. It is important to understand the intimate correlation which exist between Economics and...
Immigration is a hot topic these days, particularly for those in the southern and south-western states of America. There has been a rising anti-immigration sentiment, directed specifically at immigrating Mexicans. The public cries out, "Secure the borders!" and "They're taking our...
Posted to
Brainpolice
by
Brainpolice
on Sun, Mar 30 2008
Filed under: Non-Aggression Axoim, Ethics, Competition, Consistancy, Racism, Collectivism, Discrimination, Separatism, Interventionism, Libertarianism, Economics, isolationism, Free Association, Immigration, Nationalism, Labor, Free Trade, Prohibition