Devaluation exists as a horrid tax on investment. Why put money to work if the exchangeable value of future monetary returns – already risky in the first place – is being shrunken by monetary authorities?
The notion that public space is for any and all purposes can be found in opposition to so-called “hostile architecture.” This is a term invented by activists who oppose the use of urban design to discourage the use of public spaces in ways not intended by the city or private owner.
Hypocrisy and double standards on the part of the social media behemoths cannot continue in the so-called ‘land of the free.’ And with US presidential elections approaching in 2020, tensions over such arbitrary power by the social media companies will only intensify when the people come to understand their voices are being silenced.
Today the rigid orthodoxy of Progressive Leftism prevails in the land. It is a noxious compound of several related tendencies and opinions, including the application of radical doubt about the nature of reality, the widespread acceptance of moral relativism, and the imposition of political correctness.
Politicians think that somehow, the same government that started a war in Iraq on faulty intelligence, botched the launch of HealthCare.gov, gave us the Solyndra scandal and can keep neither Amtrak nor the Postal Service solvent, can effectively coordinate a strategic vision for American manufacturing.
Thank goodness the “1 percent” have seen their wealth increase $21 trillion. It’s a logical signal of rising living standards for everyone, not rising poverty as left-wing commentators laughably conclude.
Smith’s first published book, The Theory of Moral Sentiments [1759], is a study on how we humans develop shared ideas of fairness and morality. Our morality is not derived from a divinely inspired moral sense. It is the result of a triangulation between an actor, an action, and a viewer.
FALC is a strong brew of technological determinism, sunny utopianism, and souped-up socialism: Let the robots do all the work, and let humans enjoy the fruits of their labor in equal measure. The idea has come into vogue over the past half-decade or so among progressive thinkers concerned about inequality and stagnation.
As a largely-forgotten economist with the name of Richard Cantillon pointed out, when new money is introduced into an economy, it enters at processes close to the central bank – and then trickles slowly through the rest of the economy. Thus, it is more beneficial for some, like big banks and hedge funds and their clients, than for others.
To quote Adam Smith again, “It is not from the benevolence of the butcher, the brewer or the baker that we expect our dinner, but from their regard to their own interest”. If they know what others need in order to feel more valuable, entrepreneurs can design and offer products and services to meet that need.
Fill out the form below to get the CFI Newsletter delivered to your inbox.
Leave us your contact information below to recieve a free copy of CFI's 10-Point Manifesto for Individualism
Join the CFI Mailing List using the form below to recieve a free Sample Chapter of Hunter Hastings' The Interconnected Individualism
Leave us your contact information below to recieve a free copy of Reliving We The Living
The Center for Individualism is a 501(c)3 Non-Profit Organization with a mission to promote Individualism in America. All work is licensed under a Creative Commons Attribution 4.0 International License, except for material where copyright is reserved by a party other than CFI. Learn More…