Fiscal Irresponsibility
“Do I need it?”
“Will I use it?”
“Can I afford it?”
That is how I have managed my life’s finances.
There are obviously times during one’s life when we buy things that we don’t really need but those are what makes life fun. These are the frivolous items that we buy or the trips that we take […]
One last comment.
If everyone seems to know that corn biofuel costs more to produce than the equivalent energy available from gasoline, that it requires fertilizers that pollute water, that by displacing wheat production it is causing all food prices to increase, why is corn production being subsidized?
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Every now and then someone comes along who has broad insight and the knowledge to back up his statements. Ben Stein is a writer, an actor, an attorney and a professor but above all, an economist.
When I read something by Ben Stein I feel that it is not simply someone’s opinion but information that has […]
Specialization
Specialization promotes efficiency. More of anything can be produced if a single person can do repetitive tasks. Assuming that all individuals are capable of all things such as hunting, felling trees, making nets, making pottery, chipping flint for knives and weapons etc we know is untrue. Even within the smallest unit, the family, the members […]
