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.

Saturday, February 22, 2014

Birds Of A Feather



Nicolas Maduro (Reuters / Carlos Garcia Rawlins)
On November 15, 2013 Nicolas Maduro, the President of Venezuela and an avowed Marxist, was granted the power to rule by decree.


http://www.freerepublic.com/focus/f-news/2932535/posts
On January 14, 2014 Barack Obama, the President of the United States and a de facto Marxist, granted himself the power to rule by decree, saying: "I've got a pen and I've got a phone."


On November 22, 2013 the Washington Times reported that President Maduro "issued a decree that profit margins can be limited." The Washington Post reported:
Earlier this month, after railing against “bourgeois parasites,” Maduro ordered troops to take over a major electronics store chain and force managers to sell goods ranging from plasma TVs to stereos at bargain-basement prices.

On February 12, 2014 President Obama issued a decree that the minimum wage for federal contractors be increased to $10.10 an hour. On February 18, 2014 the White House blog stated that the minimum wage increase mandated by the President would not cause unemployment if the nation's bourgeois parasites lowered their profit margins:
In addition, businesses can adjust in other ways rather than reducing employment (for example, by accepting lower profit margins).

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