About This Blog

Ludwig von Mises (1881-1973) was the greatest economist of my time. His greatest works can be accessed here at no charge.

Mises believed that property, freedom and peace are and should be the hallmarks of a satisfying and prosperous society. I agree. Mises proved beyond a shadow of a doubt that the prospect for general and individual prosperity is maximized, indeed, is only possible, if the principle of private property reigns supreme. What's yours is yours. What's mine is mine. When the line between yours and mine is smudged, the door to conflict opens. Without freedom (individual liberty of action) the principle of private property is neutered and the free market, which is the child of property and freedom and the mother of prosperity and satisfaction, cannot exist. Peace is the goal of a prosperous and satisfying society of free individuals, not peace which is purchased by submission to the enemies of property and freedom, but peace which results from the unyielding defense of these principles against all who challenge them.

In this blog I measure American society against the metrics of property, freedom and peace.

Sunday, November 20, 2011

A Sure Bet!

As most everybody knows, North Dakota is experiencing an oil boom. In the Williston Basin of western North Dakota jobs are available for anyone who wants one. Moreover, wages are sky high due to the scarcity of labor. According to ScrippsNews:
New drilling technology has freed up vast reserves of oil in the Williston Basin of western North Dakota, fueling an economic bonanza. As most of the country desperately tries to skirt a double-dip recession, North Dakota boasts a $1 billion budget surplus and the nation's lowest unemployment rate. Recruits from Minnesota, Texas and both coasts keep arriving, reversing a long population decline. Schools are rushing to hire more teachers. Towns are adding more cops.

Almost 200 drilling rigs are boring 100 new wells a month. The state's recent figures show 16,435 job openings, 48 percent more than a year ago.
So, besides finding a good paying job, what's the sure bet?

That you won't see hoards of leftists Occupying North Dakota any time soon.

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