Monday, February 22, 2016

Government Control=Increasing Costs

Let's examine six fairly basic needs of human beings:

1. Clothing
2. Food
3. Shelter
4. Health care
5. Education

These are ranked in increasing order of the government's control and subsidy of their creation and delivery.

They are also ranked in the increasing order of inflation adjusted cost increases over the last fifty years.

Coincidence? When government subsidizes something, the cost will rise much faster. Which leads to cries for more government subsidy. That's a pretty neat scheme -- if you work in government. Not so much if you're paying for it as a taxpayer or consumer.



Thursday, February 11, 2016

What Do You Do When a War Has Failed?

If 50 years ago you started a war that failed to achieve its objective while consuming ever increasing amounts of money, what would you do? 




Friday, February 5, 2016

Rising Wages Do Not Always Reflect Productivity

In competitive enterprises, rising salaries are generally an indication of increasing productivity, In anti-competitive organizations, however . . . .

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