The sooner governments understand that entrepreneurialism is the only way to really create wealth and jobs, the sooner you’ll get to enjoy innovations.
There are certain sounds that tend to make people crazy. Think of nails on a chalkboard. An infant screaming nonstop on a long flight. A piercing whistle that won’t go away. Now we need to add another: a U.S. president who thinks he can legislate high wages into law.
Even though most people think the World Economic Forum (WEF) is a meeting of free marketers and capitalists, the reality is the opposite. The world’s biggest gathering of socialists, collectivists and central planners kicks off in Davos, Switzerland this week.
As long as the government has the power to take private wealth on demand, there is no freedom, only slavery.
Only a heartless, Scrooge-like curmudgeon would oppose the government’s planned National Disability Insurance Scheme (NDIS), right? According to Prime Minister Julia Gillard, ‘more than 400,000 people are living with significant and permanent disabilities.’ Well, let me show you the real enemy of the disabled — the government.
Which is worse…the Warfare or Welfare State?
[Ed Note: This is an extract from the book, Family Fortunes: How to Build Family Wealth and Hold on to it for 100 Years] Over the door of the farmhouse we built as soon as we had enough money to build a proper house, we chiselled the words of Virgil: “Hic domus, haec patria est.” Roughly translated: This is our home; this is our country. But when you say it, you have to put the emphasis on the second “THIS”. Then it makes sense. “This is our home” is a statement of fact. “THIS is our country” is practically treason.
Today’s online article is a bit unusual. Rather than quoting from a book, I’m quoting from a review of a book. The following extract comes from Laissez Faire Today’s, Jeffrey Tucker. He’s reviewing the book by father and son, Bill and Will Bonner, Family Fortunes: How to Build Family Wealth and Hold on to it for 100 Years.
Right Again, and Sick of it I’m sick of being right on this. Just once I’d like to make a prediction about it and be wrong. But no. Each time I explain to you what will happen, it happens. The only thing you could accuse me of is being too conservative with the predictions.
Although Ayn Rand died in 1982, several factors make it easy for us to have a good idea of what she might say today — at least on some political issues. For example, at the Ford Hall Forum in 1976 she made her opinion of Ronald Reagan crystal clear: ‘That so-and-so, claiming to be a defender of capitalism and Americanism, has come out against abortion. ‘If he doesn’t respect so fundamental a right, he cannot be a defender of any kind of rights.’ As governor of California, Ronald Reagan supported the right to abortion — and later changed his tune.