You’d think that when you become an adult, taking good care of your money becomes easier. It doesn’t. And, to the contrary of what we expect, getting a job somewhere does a bad job of teaching us the value of our dollars.
Tag: money
Oprah for President? Why Not?
In my opinion, Oprah would beat The Donald like a drum in a presidential contest. I disagree with both of them on too many issues to vote for either one, but I relish a contest to which representatives of the failed political establishment aren’t invited.
Bitcoin Will Stop the Motor of the World
Revolutions do not typically happen overnight, especially one so bold as to question the necessity of a motor as powerful as centralized banking coupled with seemingly limitless government power.
The “Social Contract” Excuse
There are zero rational justifications for the existence of a ruling class (“government”). So what the believers in the Divine Right of Politicians have, instead of logical arguments, is contorted retroactive excuses for why they still believe things that are patently ridiculous.
News Flash for Jack Lew: The US Government is Already Broke
Vis a vis “paying for the deficit caused by the tax cut,” Mr. Lew, the answer is simple: Reduce spending to match revenues, just like every responsible household in the country does.
Authorities They Are Not
Political discourse is an open-access activity. Anyone can have a say. Among those whose opinions and allegations receive the most notice are celebrities — especially entertainers, actors, TV news figure and pundits, athletes, and people who are famous only for being famous — and politicians. The prominent attention that these persons’ statements garner is unfortunate, to say the least.
Looking Through Your Magic Lenses
Yes, a bad guy can become a good guy in a heartbeat, but it requires facing, honestly, the evil he has been doing. Bad guys are never going to do this as long as people keep excusing them and patting them on the back for their “service”.
Stock Exchange
Congress blamed insider market abuses and inadequate disclosure of financial data for the Great Depression, and reacted by creating the SEC. In truth, the Great Depression had more to do with tariffs and poor Federal Reserve policies. I feel like I’ve heard this story before: the government causes a problem, and uses the problem as a reason to take more power.
Only the Rich
The government gives an excludable good away for free: roads, parks, education, medicine, whatever. Then some economist advocates privatization of one of these freebies. Technocrats may offer some technical objections to privatization. Normal people, however, will respond with a disgusted rhetorical question: “So only the rich should have roads / parks / education / medicine / whatever?”
Pelatarchy: When the Customer Reigns Supreme
Ultimately, customers decide what and when contents get exchanged in the context of voluntary human relations. This means that customers are the decision-makers of last resort, and supreme ruler over their engagements.