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.

Thursday, April 19, 2012

Mount Rushmore, Meet President Obama

Wednesday, the greatest President of the United States never to have his face carved on the top of a mountain professed his love for the free market:
"I believe that the free market is the greatest force for economic progress in human history."
Then he reminded us that:
"There’s [sic] some things we don't do well on our own."
Ever wonder what those things is?

Don't stress your brain. He listed them for us yokels. He had in mind some things like doing research, inventing technology, creating industries, building railroads, educating our children, not to mention saving for our retirement and finding a job without starving to death.

Add to those things other things he's already said he doesn't think we do well on our own -- other things like health insurance, health care, energy production, food production, manufacturing light bulbs and automobiles -- and you wonder what the hell he thinks we can do well on our own.

This is like a man who says he believes in arithmetic except for addition, subtraction, multiplication and division.

Of course, he's not stupid. He has to know that there are a plethora of things we do very well, like fight and die in his wars, get felt up at airports by his government thugs and willingly pay taxes through the nose so he and his wife and his fellow government employees can jet off to lavish vacation spots and blow through our hard-earned money on booze, gambling and prostitutes.

Another thing we do well is build monuments to past Presidents.

I can't wait.

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