Recently, on my Facebook page, I posted: “Profit is a reward for satisfying the desire of someone else.” ~ Harry Browne, The Secret of Selling Anything* Sounds pretty simple, doesn’t it? And, it is. But it’s something many don’t realize. Yet, in a free-market based economy, that’s what it all comes down to. If we…
First things first: The book, CONSCIOUS CAPITALISM: Liberating The Heroic Spirit Of Business is outstanding. As a case study on why companies that honor all of their stakeholders and not just their shareholders actually do much better financially than those who don’t, it’s terrific! As a look at how companies can create an enthusiastic and happy…
Since our country’s housing and financial crisis occurred, I’ve often felt like Don Quixote tilting at the windmills of public opinion and belief. Not only have I claimed the meltdown not to be the result of Free-Market Capitalism or having had anything to do with it whatsoever; I’ve provided many an “amateurish” explanation, as well.…
I must admit annoyance when hearing politicians campaign on how they will create jobs. The reason is because politicians cannot create jobs. Government cannot create jobs (at least not value-based). The only thing they can do in terms of job creation is to ensure an environment where entrepreneurs are free to create and where people…
As a libertarian, I respectfully make no bones about my belief that the highest value a country can embrace is the rights of the individual. With that, government’s major legitimate function is simply to protect those rights. This creates an environment where people can create value and trade freely with one another. (Protected from force…
Like many content-providers, I am disturbed by the huge amount of intellectual property theft over the Internet. Sure, it occurred pre-Internet but the now robust amount of easily accessible information has made this a profound issue. Impacted most are movie producers, musical artists, authors, bloggers and many more. Now, wouldn’t it be best to just…
I often wonder if the well-intentioned people who call for more and bigger government have ever actually studied it past the “good intentions stage.” Does big government really help the poor? Does big government help anyone other than those politicians (from both parties), bureaucrats and special interests participating in Corporatism and other special favors? The…
I recently received a Twitter tweet from someone who noticed that, within my profile, I mentioned being an “advocate of a Free-Market Economy.” His tweet read… “I support a free market as long as it’s fair.” Then, indeed, he supports a free market. Because, a free market, by the very nature of the thing, is…
In a recent post, “The Ethics of Sunscreen” marketer extraordinaire Seth Godin suggests the need for more regulation on products. He wonders why the more ethical companies don’t desire more regulation and why everyone cannot see that the “regulation of marketing claims is the only way to insulate consumers from short-term selfish marketers in search…
A recent post related the story of a well-intentioned mandate from a state government to all nursing homes that, naturally, had the unintended consequences of hurting the very people it was intended to help. While not the main lesson, it was perhaps a subtext. Of course, from a libertarian perspective, I’ll also suggest that it…
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