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 [...]
We have heard over and over that there is no such thing as a ‘free lunch’. We, as a people, are losing our ability to survive on our own. We are all expecting the governments-local, state and federal to supply us with everything to make our lives comfortable. We are becoming dependent on someone else [...]
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 [...]
