The Civil Rights Act of 1964 makes it illegal to discriminate on the basis of race. Yet that is exactly what Pres. Biden is doing on behalf of his nominee to the Supreme Court. Republicans should name this fact repeatedly in the hearings and otherwise refuse to participate.
This blog is a commentary on contemporary business, politics, economics, society, and culture, based on the values of Reason, Rational Self-Interest, and Laissez-Faire Capitalism. Its intellectual foundations are Ayn Rand's philosophy of Objectivism and the theory of the Austrian and British Classical schools of economics as expressed in the writings of Mises, Böhm-Bawerk, Menger, Ricardo, Smith, James and John Stuart Mill, Bastiat, and Hazlitt, and in my own writings.
Sunday, February 27, 2022
Biden Is Breaking the Law
Thursday, September 02, 2021
Biden’s Ministry of Truth and Some Actual Truth on A Deeper Subject.
Just as
the reduction in the chocolate ration in 1984 from 30 grams a week to 20
was heralded as an increase to 20 grams, so Biden’s catastrophic failure in
Afghanistan is being described as a success by our Ministry of Truth.
*****
This is my response to the tweet at https://twitter.com/TurtleOtter/status/1433400329123532803?s=20
You seem
to think that the wealth of the rich is in the form of consumers’ goods, like
mountains of spaghetti, the eating of which makes them monstrously fat, while
their overworked, exhausted employees are lucky if they can get a handful of beans
to eat.
The truth
is that the wealth of the rich is overwhelmingly in the form of MEANS OF PRODUCTION,
including the funds with which to pay wages. As such, it is the base of the
supply of goods and the demand for labor. The greater it is, the higher is the
general standard of living.
The more the government takes from the rich, the less is the supply of capital goods, the demand for labor, and the general standard of living. For further discussion, see my Capitalism: A Treatise on Economics, available at
Amazon.com: capitalism a treatise on economics
