And it would have been easy for him once he’d come out of jail to have been a bitter and a partisan and divisive figure. And he wasn’t. He was enormously generous in spirit given what the South African Apartheid state had done to him for the most productive decades of his life. And whatever […]
http://www.jerrypournelle.com/chaosmanor/?p=16407 > Capitalism generates wealth, and inevitably aggravates the discrepancies between rich and poor. This is obvious to everyone. What is easy to overlook, or dismiss as trickle-down, is the absolute rise in wealth of the poor. When I was born no one had a right to sulfa drugs or penicillin; now these are an […]
http://www.lewrockwell.com/2013/12/andrew-p-napolitano/preaching-marxism/ > His apostolic exhortation, entitled “Joy of the Gospel,” attacks free market capitalism because it takes too long for the poor to get rich. “They are still waiting,” the Pope wrote. Well, without capitalism, which rewards hard work and sacrifice, they will wait forever. No economic system in history has alleviated more poverty, generated […]
Instapundit » Blog Archive » CHARLIE MARTIN: The End of Poverty in America: Figures don’t lie. According to a Cato Institute….
Hence it is that democracies have ever been spectacles of turbulence and contention; have ever been found incompatible with personal security or the rights of property; and in general have been as short in their lives as they have been violent in their deaths…. A republic, by which I mean a government in which a […]
The final destination in our voyage is Kenneth Arrow, a Stanford University economist who extended the opportunity for nausea to all economists and political scientists who study the issue. In his 1951 book, Social Choice and Individual Values, Arrow mathematically demonstrated that the discovery of Condorcet, Dodgson and Black was only a special case of […]