Wednesday, November 07, 2007

Capitalism gives us our freedom,

Are you wondering why Capitalism is said to embrace freedom? Well.....if you build a better mouse trap you have the freedom to sell it. Likewise if someone else builds a better mouse trap you have the freedom to buy it. (So says Capitalism anyway.)

Tuesday, September 04, 2007

Can't escape the market,

People everywhere in America want a substitute for gasoline in hopes of a cheaper way of travel. Let's say beach sand is made into a fuel to substitute for gasoline. Guess what? The price of beach sand will go up too! You can't escape the law of supply and demand.

Tuesday, June 26, 2007

A learning situation,

Here's a situation to teach you economics: image you have your keys locked in your car. A locksmith is likely to charge you a lot of money for his services. If he charges too much however you will sooner break your car window than pay him a ridiculous amount of money. Breaking your window would be a substitute for the locksmith's services. Substitutes are made when the cost of something is too high. So when do you think we will have a substitute for the gasoline powered engine? Now that you read Capitalism's Truths you know that will happen whenever gasoline gets high enough that folks aren't willing to pay for it!

Sunday, June 03, 2007

Knock out the ignorance fellow Capitalists!

This book will answer any questions anyone has about Capitalism and why it works whenever it is tried. Get it, and spread it around!

Thursday, May 03, 2007

Economics: It runs in the family.

In today's world we often hear about "saving the children" or other similar phrases. In past generations there wasn't as much emphasis on protecting the children. Why is it that today's children are seen as valuable and past generations of children weren't seen the same way? Supply and demand! Actually that isn't a joke. In past years families in America were often large in numbers of children. Since the age of the birth control pill children are fewer among families. And what does the law of supply and demand say happens when supply decreases?
Well to people who enjoy the resource of children, (parents) the scarce supply (of children) leads to an increase in value. See economics is all around us!

Tuesday, April 10, 2007

A misguided thought,

You often hear people complain about sports stars making lots of money.
You hear similar complaints given about high paid CEO's. Here is one thing that such complainers don't consider... If a rich CEO or athlete fails to receive a lot of money,
it doesn't follow that you will get the money instead. The person complaining about Bill Gates making lots of money isn't likely to make a dime more even if the government were to put a limit on the amount of money that Bill Gates could make. Easy lessons like this make Capitalism fun to learn.

Thursday, March 08, 2007

The anti-Capitalists lack the wisdom of Homer Simpson,

Maybe even simple minded Homer Simpson understands simple Capitalism. Witness the following conversation that Homer had with himself :
Homer: Aw, twenty dollars! I wanted a peanut!
Homer's Brain: Twenty dollars can buy many peanuts!
Homer: Explain how!
Homer's Brain: Money can be exchanged for goods and services!
Homer: Woo-hoo!
Homer gets it! It really is that simple. Woo-hoo!

Saturday, February 10, 2007

The ignorant intellectual,

Today in Virginia commentator Tavis Smiley held an event known at The State of Black America where a number of black intellectuals discussed the plight of black Americans. I watched some of it live on C-Span and I found some remarks by Cornel West to be interesting. He said that America was a "corporation" before it was a country. What I found interesting was the hatred that Mr. West (and the audience that applauded the remark) seemed to have for corporations. He probably didn't consider how corporations have created things like television and microphones so people like himself could broadcast a message that he considered to be important. When will Capitalism get the thanks it deserves?

Wednesday, January 24, 2007

Are some Americans poor? Think on this....

Imagine if the poorest person in India met the poorest person in America. Think (and think hard) about what they each would think of one another. Capitalism really does make a difference.

Friday, January 05, 2007

Arguing with nature,

I have a thought for you all. Did you ever notice that when someone jumps off a building, nobody complains about the law of gravity. But when a natural disaster (or anything else) affects price changes, people often complain about the law of supply and demand.