The United States is one of the wealthiest countries in the world, yet some of its citizens still go hungry, some are homeless, some fall through the cracks. Many people who are not suffering are still counted among the 48 million the U.S Department of Agriculture claims are “food insecure.” How is that possible? Simply stated, it’s not. Capitalism has created immense prosperity within the U.S., and most people have sufficient food. What’s more, as CO2 increases, global greening occurs … [Read more...]
Why Capitalism?
No one makes a trade unless he considers what he will receive more valuable to him than what he will pay. That’s why voluntary trades are always win-win: each party ends up with something more valuable than he’s traded away. Sometimes the benefit is simply a good feeling, such as when someone buys something from a poor salesman just to encourage him, or when she donates money. Here the good feeling and personal benefit are worth more than the money given. This helps us answer the question, … [Read more...]
Why I love Fossil Fuels
I am going to make and defend a bold and possibly controversial statement, a statement that makes me a pariah in my hometown of Seattle, where such a thing is considered the ultimate sin. What could be this outrageous statement? It is that I love fossil fuels. That right, I like the dirty and evil things that are supposedly causing Global Warming (or is it Climate Change, or is it Anthropogenic Global Climate Change). Whatever the term for that nonsense, I still love fossil fuels. I like … [Read more...]
