Month: February 2016

“… besides all the bad effects tothe country in general, which have alreadybeen mentioned as necessarily resulting from ahigher rate of profit, there is one more fatal,perhaps, than all these put together, butwhich, if we may judge from experience, isinseparably connected with it. The high rate ofprofit seems everywhere to destroy thatparsimony which, in other … Read more

“regulations may, no doubt, be considered as in some respect a violation of natural liberty. But those exertions of the natural liberty of a few individuals, which might endanger the security of the whole society are, and ought to be restrained by the laws of all governments; of the most free, as well as orthe … Read more

those who live by wages:The interest of … those who live by wages, is … strictly connected withthe interest of the society … The wages of the labourer … are never so high as when the demand for labour is continually rising, or when the quantity employed is every year increasingconsiderably. When this real wealth … Read more

Adam Smith’s An Inquiry into the Nature and Causes of the Wealth of Nations is the Bible of Capitalism. “The word VALUE, it is to be observed, has twodifferent meanings, and sometimes expressesthe utility of some particular object, andsometimes the power of purchasing othergoods which the possession of that objectconveys. The one may be called … Read more

The Constitution of the Five Nations – or – The Iroquois Book of the Great Law … survives after some 500 or 600 years, and was originated by people that our ancestors … considered  “savages”. Some sources place the origin of the Five Nation Confederacy as early as 1390, … others insist it was prepared … Read more

The actions of the Bundys, in Nevada and Oregon, are not the first time that arms have been taken up against agents of the Federal Government because someone didn’t want to comply with the law and pay what they owed.  The Constitution defines such acts as treason and in the past the perpetrators have been … Read more

I’m listening on Marco Rubio’s speech after the Iowa Caucuses.  He has been talking for a long time now but has not said a single word about WHAT he will do if elected.  Lots of words, not a single idea.Read more