To Alleviate Poverty, Treat the Cause Not the Symptoms

Everyone is familiar with the saying, “Give a man a fish, and you feed him for a day. Teach a man to fish, and you feed him for a lifetime.” Yet, as much as we have oft heard this phrase recited, few of us actually make use of this wisdom.

This Swedish Museum Celebrates Market “Failure”

While most of the products in this museum appear to be duds, each one taught their respective innovators a valuable lesson about the market process. For Coca-Cola and Heinz, both companies learned that sticking to their original recipes was more beneficial when it came to sales revenue. With each failure comes a lesson that, in the end, has resulted in a win for the consumer. 

Why The Great Depression Still Matters So Much Today

But by understanding the root causes of a historical crisis as severe as the Great Depression, we stand a better chance at recognizing the potential for similar events to occur today. And if we know what warning signs to look for, we also stand a better chance at preventing future economic crises from occurring altogether.

The Rise of the Digital Nomad

Almost every aspect of our lives has been completely reshaped by technology. Where we once had to go out into the real world in order to meet new people and build relationships, we now use algorithms and smartphone apps instead. Cryptocurrencies, like Bitcoin have also completely redefined the way we view money and the entire financial world. But the implications of technological advancement can be felt in almost every sphere of our day to day lives, including our professional lives.

Trade Wars Lead to Depressions, Just Look at History

As we contemplate the consequences that such protectionist policies may have on our modern economy, we would be wise to take a sober look at history. For if we take a closer look at the causes that led to, and prolonged, the Great Depression, we will find that tariffs played a most important and destructive role.

Creative Destruction and the Closing of Toys R Us

Toys R Us isn’t likely to be the last brick and mortar casualty of the virtual revolution. But we needn’t be discouraged by these changes. The market will always evolve and change to meet the needs of consumers. And while jobs might be temporarily lost, new jobs will always be created as part of the market process.

Local Protectionism Threatens And Limits Consumer Choice.

I’m not alone in my love for this fatty beverage. “Bulletproof coffee,” as it’s called, has become a huge dietary trend over the last few years. But for Wisconsin residents who share my love of rich, full-fat, butter coffee, buying Kerrygold grass-fed butter within state lines just became a difficult and illegal act.

Government Bureaucracies Spin Wheels While Israel Speeds Ahead.

Israel is a country surrounded by hostile militants and in control of meager natural resources. Its strategy is to tap into the only resource that matters, the power of the human mind, and get out of the way. Its a matter of survival. This confounds the statist orthodoxy, and is ignored.

About The Center For Individualism

The Center for Individualism exists to revive individualism in America. We seek to be a catalyst for cultural change and a hub for all who aspire to live a self-reliant life. We produce content, curate resources, provide services, and facilitate relationships that empower people to achieve their personal and economic ambitions. Our purpose is to support individuals in building a better life for themselves – and in so doing, to build a better society for all.

Write for CFI