Today, few people know what capitalism is, how it works and what was its actual history.
When I say “capitalism,” I mean a full, pure, uncontrolled, unregulated laissez-faire capitalism — with a separation of state and economics, in the same way and for the same reasons as the separation of state and church. A pure system of capitalism has never yet existed, not even in America; various degrees of government control […]
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“Marx and Engels never tried to refute their opponents with argument. They insulted, ridiculed, derided, slandered, and traduce them. Their polemic is directed never against the argument of the opponent, but always against his person. Few have been able to withstand such tactics.” Ludwig von Mises
People who have a clear understanding of themselves enjoy more successful careers and better lives—they’ve developed an intuitive understanding of what matters to them, what they want to accomplish, how they behave, and how others see them.
Self-aware people possess seven distinct types of insight that unaware people don’t. They understand their values (the principles that guide them), passions (what they love to do), aspirations (what they want to experience and achieve), fit (the environment they require to be happy, energized, and engaged), patterns (consistent ways of thinking, feeling, and behaving), reactions […]
Most people reach their forties and find themselves walking from the parking lot to the elevator feeling like something is missing. Chart a course in the direction of your joy. You will be shown where to go, as long as you stay in the flow. The difference between a hobby and a business is caring […]
After the discovery of printing, it was only a matter of time until the governments began to “counterfeit” or to issue paper money as a substitute for gold or silver.
Originally the paper was redeemable or supposedly redeemable in those metals, but eventually it was cutoff from gold so that the currency unit, the dollar, pound, mark, etc. became names for independent tickets or notes issued by government rather than units of weight of gold or silver. Murray Rothbard, The Case Against the Fed
International Man: The Federal Reserve’s unprecedented bailout of everyone and everything seems to have no end. What do you think the consequences of this will be? David Stockman: I think what people must get their minds around is that this is happening with such warp speed: job losses, cash flow, GDP, the federal budget. What […]