Why Free-Market Economics Works
Way The World - And Free-Market Economics Works - Forbeshttp://onforb.es/ugFEOp Smart article on how free markets work while Obamamarkets dont Jonathan Paul 'JP'Scientists in Revolt against Global Warming
Comfortable and revealing Bloomberg debate
Thought Romney was presidential, sharp, gracious and knowledgeable. I am pleased to support him. Research into MR reveals a solid record of high achievement accompanied by a kind, gracious, evolved person. He is a number 9 in numerology (Life Path).Jonathan Paul 'JP'Keynesian economics doesn't work . . . here's why
The Disgrace of Obamanomics
Excerpt from http://spectator.org/archives/2011/08/03/the-disgrace-of-obamanomics#Keynesian economics is the doctrine that economic growth and revival is caused by increased government spending and deficits. The increased spending and deficits are supposed to increase aggregate demand for goods and services, which supposedly causes producers to produce more. If you listen to President Obama carefully, he is always saying that economic growth and prosperity comes from increased government spending.
The central fallacy behind Keynesian economics is that the money for the increased government spending and deficits has to come from somewhere. If the government borrows a trillion dollars out of the private sector to spend a trillion back into the private sector, it hasn’t done anything to increase the economy on net. If it seizes a trillion dollars in taxes out of the private sector to finance the trillion of increased spending, the result is worse. The economy has not been expanded on net, and the increased taxes reduce the incentives for production, resulting in a net loss to the economy.
Keynesian economics survives not as a matter of logic, but because it provides cover for what the politicians want to do: increase spending and deficits to buy votes for their political machines. For a Chicago machine politician like Barack Obama, that is catnip.
The commonness of common sense
The charge is often made against the intelligentsia and other members of the anointed that their theories and the policies based on them lack common sense. But the very commonness of common sense makes it unlikely to have any appeal to the anointed. How can they be wiser and nobler than everyone else while agreeing with everyone else? -- Thomas SowellJonathan Paul 'JP'Om Bhagavan by Omkara, a love song to the Satguru. Enjoy
Jonathan Paul 'JP'A short but clear excerpt from Living The Science of Mind, Ernst Holmes, "To dwell upon lack is to . . .
. . .create it . . . .To remain unhappy is to attract more unhappiness. Deliberately we must turn from that which hurts. The Law of Mind exists in a formless state and can only take the form for us which our thought gives it. When we think within ourselves, we think upon It; when we direct our thought, we are directing It. It is in this way that our world becomes the law unto that thing whereunto it is spoken.Jonathan Paul 'JP'Social Media Aggregation Tools to simplify streams ...
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