How long can deficit spending last? There is a formula. If -$(Deficit spending) is less than PEI (Production Efficiency Increase), it can go on, forever. Here’s how it works: Let’s say that four people working a 100 acre field with...
Bossy people are readily corruptible.
Bossy people find what passes for happiness when they can order others around. As a result, governments end up being run by bossy people. Bossy people are readily corruptible. Bossy people think there are two...
“The Church should sell its assets to help the poor.” Hogwash.
Many, many people repeat this litany: “The Church should sell all its art and property. Then, The Church should give the money to the poor.” It’s a familiar refrain. English levellers, the French Revolutionaires, Russian Communists,...
Global Warmers have to lie more than ever.
The poor, lost souls who’ve been worried about the Imaginary Problem of Global Warming have something big about which to worry. The problem is disappearing, right in front of them. The map below shows how many...
Things are better than ever. Be happy.
There are a lot of us worrying about “how bad things are”. Many are convinced we’re approaching a state of collapse in the markets. The fact is: Things are better than ever. Be happy. Gloom...
Make-work takes care of the body and corrodes the soul.
There are three kinds of make-work. First, there is the Amish plan for make-work. They farm, very inefficiently, with horses. Fifty or a hundred Amish farmers could be replaced with one or two farmers with...
Is make-work good?
The nation, in 1900, was divided into farms of 160 acres. Eight or nine of every ten Americans were involved in agriculture. Then, steam-powered machines were invented. They revolutionized farming. Threshing crews with powerful steam...
The most important thing women do?
Many women are led to feel that they won’t be “fulfilled” if they spend time as wives and mothers. Reality shows just how challenging children are. The fact is that mothers have to have better,...
Can some deficit spending be justified?
Most believe that nations should not run up huge debts. Until national banks began printing money, governments didn’t go into excessive debt unless there was a war. Then, silver and gold was diluted with base...
Malthus was a great fraud, but loved by the Culture of Death.
The Culture of Death will encourage, and embrace, anyone or any thought that justifies more death. Malthus was a typical Protestant clergyman possessed by a desire to seem “intellectual”. He came up with the half-baked...