There is also a free-rider problem in the negative sense on government provision of information, because people who have no use for that information are required to pay for it. -Milton Friedman 1...

COMMODITY MONEY:The worker pans for gold, and the banker's building is empty. The banker holds no gold and no assets other than his building:The worker wants money, so he gives the raw gold to the banker:Who takes the raw gold:Turns it into gold...

As you can see from the charts above, the price of an average home in 1978 was about the same as today, but the size of the average home has gone from 1,700  to 2,500 square feet. That means that the average middle-class home is today about...

p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; line-height: 24.0px; font: 16.0px Helvetica} A congressman was seated in first class next to a little girl on an airplane.   He turned to her and said, "Do you want to talk?   Flights...

Wealth is not dependent upon natural resources, is not limited, and is created from thin air. Wealth is the reorganization of our world to suit our liking, and is not the destruction or use of natural resources, it is only temporary change.For...

Behold, the 1978 Honda Civic four-door:This car had 60 horsepower and could go from 0-60 mph in 14.3 seconds flat! It had no air conditioning, no power anything, no CD player (or tape deck), a manual four-speed transmission, and was rated to get...

Thomas Sowell, Milton Friedman and most other libertarians argue that the cost of Military defense must be socialized; it must be paid by tax revenue and provided by government because everyone benefits equally from its protection, and some cannot...

A friend sent me an article on intellectual property rights written by Ayn Rand. I have a few questions for her:p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 11.0px 'Lucida Grande'; color: #333233}p.p2 {margin: 0.0px 0.0px 0.0px 0.0px; font: 11.0px...

Start by thinking about all the career-related decisions you’ve made till now.Most applicants lack clarity abouttheir career goals.Career goals cannot be learned from books.Your need to dream up goals that capture your  imagination and burn in your heart.How many times will you change careers in your lifetime? If you’re like most people, you’ll change careers at least several times over the course of your life. How successful you’ll be in making transitions among careers can at least be partially attributed to the amount of career planning and preparation you’ve done.Career Planning Steps: Identify your next career move. If you have been examining multiple career paths, now is the time to narrow down the choices and...

"If you talk or say somethingafter you think about itthis is not a success.If you think and talk or say somethingthis is you success of your life."The question about what success comes from has been so much debated in our society. Some may think...

    “The aim of life is self-development.      To realize one’s nature perfectly-      that is wht each of us is here for.”      - Oscar Wilde     Aim or setting...