Europeans Discover The Myth About ‘ Social Safety Nets’
Europeans are now being forced to face up to a cruel reality. All socialists schemes eventually run out of (other people’s) money.
Europeans are now being forced to face up to a cruel reality. All socialists schemes eventually run out of (other people’s) money.
Unlike inflation, which creates winners and losers through the backdoor, deflation causes a transparent redistribution of ownership.
The profit motive is a popular target of progressives and socialists. But the criticisms are often based on misunderstandings of how a market economy based on private property works.
To be logical, protectionists would also have to be be opposed to all products made by superior technology.
Human labour is a means to an end, not an end in itself. If a ‘job’ is mechanised, labour is diverted to another ‘job’ and society gets double the benefits.
The RBI’s easy money policy has already buried the Indian economy ten feet underground.