Ask Friends, Family and Work Okay, this may be a no-brainer, but you never know until you ask!
Introduction To Libertarianism, and half Libertarianism One of my takeaways was how new libertarianism was in These peculiar views of mine are not peculiar to me. If they were, I would be paying Harper and Row to publish this book instead of Harper and Row paying me.
We call ourselves libertarians. This book is concerned with libertarian ideas, not with a history of the libertarian movement or a description of its present condition. It is fashionable to measure the importance of ideas by the number and violence of their adherents. That is a fashion I shall not follow.
If, when you finish this book, you have come to share many of my views, you will know the most important thing about the number of libertarians — that it is larger by one than when you started reading.
There is something very innocent about expecting someone to become a libertarian after reading a book arguing for libertarianism, something very much a product of the time when the movement was new and anything was possible.
Friedman discusses and debates the views of Ayn Rand not as some sort of ascended cultural archetype, but as a fellow theorist who happens to be writing around the same time. In absolute terms, the rich have gotten richer, but the gap between rich and poor seems, so far as very imperfect statistics make it possible to judge, to have been slowly closing…we can note that both the rise in the general standard of living and the decreasing inequality appear to have been occurring fairly steadily over a long period of time, in a variety of different more or less capitalist societies…in the previous chapter I argued that liberal measures tend to injure the poor, not benefit them, and to increase, not decrease inequality.
If that has been true in the past, then the increasing equality we have experienced is in spite of, not because of, such measures… Even if the capitalist invests all the income from his capital and consumes none of it, his wealth will only grow at the rate of return on capital.
If the interest rate is less than the rate at which the total wages of workers increase, the relative wealth of the capitalists will decline.
detailed book review summaries! There are a zillion book review sites out there, but ours is different! For starters, we classify books based . On December 21, , Barack Obama wrote a short review of William Ayers’ book A Kind and Just Parent: The Children of Juvenile Court, which had recently been published by Beacon initiativeblog.com’s a photo of how the review appeared in the Chicago Tribune: (Bloggers, journalists and media members are all free to re-post this image with no . Chiefdoms are actually quite a different thing from band societies. The standard theory is that you get a chiefdom when the social and physical environment becomes stable enough for a single family or group of families (roughly; kinship arrangements don’t always map well to what we think of as families) to centralize political power; that generally .
Historically, the rate of increase in total wages has run about 5 to 10 percent a year, roughly comparable to the interest rate earned by capital. Furthermore, capitalists consume part of their income; if they did not, there would be little point in being a capitalist.
The share of the national income going to capital in this country has varied over time but not consistently increased, as shown in Appendix III. The heartbreaking thing is that every word of this was true in This is too bad because they are excellent and fascinating and you should really read them.
But for now I want to focus on the claim that I found most interesting: Government claims legitimacy partly from its role in helping the poor, but the costs fall disproportionately on the poor and it screws them over more than any other group: Suppose that one hundred years ago someone tried to persuade me that democratic institutions could be used to transfer money from the bulk of the population to the poor.
I could have made the following reply: If the non-poor are not generous enough to give money to the poor voluntarily through private charity, what makes you think they will be such fools as to vote to force themselves to take it?
There are some programs that give money to the poor — Aid to Families With Dependent Children, for instance. But such programs are vastly outweighed by those having the opposite effect — programs that injure the poor for the benefit of the not-poor. Almost surely, the poor would be better off if both the benefits that they now receive and the taxes, direct and indirect, that they now pay were abolished.
Social Security no longer appears regressive: It seems really unlikely that whatever they have to pay because of farm subsidies or whatever compensates for that.
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A strong engaging beginning sets the tone for the piece, determines the content and direction of the piece, and establishes the voice. On December 21, , Barack Obama wrote a short review of William Ayers’ book A Kind and Just Parent: The Children of Juvenile Court, which had recently been published by Beacon initiativeblog.com’s a photo of how the review appeared in the Chicago Tribune: (Bloggers, journalists and media members are all free to re-post this image with no .