Apparently the most financially and ethically bankrupt regions of America are high-output and forward looking populations centers that deserve greater political power. The Brookings Institute is using GDP data and Bachelor Degrees to justify their attack on the US Constitution. They refuse to acknowledge that it is the American federalist system that is fundamental to peaceful human progress.
About Mark Shupe
Mark Shupe is a contributing author at Center for Individualism. He is also an investment strategy advisor and fitness instructor. Mark studied economics and finance at the University of Notre Dame. His writing passion includes the history of Western Civilization, the moral case for Capitalism, and the promise of Individualism.
Entries by Mark Shupe
In our postmodern culture, the political way has a monopoly on the minds of our youngest thinkers. Connor Boyack is fighting back and reclaiming elementary education for parents, and the teachers of their children, to teach the economic way. The goal is to arm active young minds with the distinction between persuasion and coercion, self-reliance vs. dependence, and how to win their own futures.
Nikola Tesla is a poetic justice warrior for his application of reason to reality, his singular purpose to marry science to practical uses, and his confidence in his ability to do it. He deserves our gratitude.
The most reliable survey ever conducted is people making voluntary choices with their money. Free markets tabulate the results and publish them in the form of prices.
A self-taught watch maker and inventor, John Harrison, solved the most perplexing problem of the previous 1600 years – longitude. As trade is essential for mutual cooperation between communities, countries, and continents, safe shipping lowered prices, increased production, created wealth, and benefits everyone.
Say invented the term “entrepreneur”. He advocated for the role of the producer, because producers create markets. If we all devoted more of our energies to the production of goods and services that others find valuable, rather than to our own consumption, we’d drive the market system to even higher levels of betterment for all. “Pick Up The Torch Of Say’s Law!”
Poetic justice rewards virtue and punishes vice. It’s a spontaneous force of nature. Social justice punishes virtue in order to equalize outcomes. The thinking is that reality is different for everyone. It turns out that real inequality is in the sharing of risk. The loudest proponents of social justice are the ones who do not bear the burden of their risky ideas.
The regulatory state goblins are canvassing the neighborhood of private interests with interesting and creative legal angles this Halloween season. And the regulators never bear any of the risks or costs of their laws and lawsuits, regardless of how inane. Their message is clear, don’t invest in our regulatory targets.
Democratic socialism is a popular topic in 2018 America, and the Nordic model is frequently hailed as the real-life success story to emulate. Convincing Swedes, Danes, Finns, and Norwegians of that is another story. The real Scandinavian economic success story is brilliant. It occurred in the years 1850-1950, and it was spearheaded by a Renaissance man by the name of Anders Chydenius in 1763.
The Federal Reserve’s sacred 2% inflation target is now supported by a 2% Fed Funds rate. Unfortunately the 2% GDP growth new normal isn’t playing nice, coming in at 4%. Innovation and economic freedom are the fly in the econometric ointment.
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