Economics

It was Malthus Carlyle had in mind when he called Economics "the dismal science".
Malthus argued, in effect, that prosperity was going to make us poor. He has many
modern relations active out there. The truth is he was wrong then, and his adherents
are wrong now.

In reality, Economics is nothing more or less than a structured process of thought by
which wealth is achieved, material want eliminated, and the physical possibility
brought about that we can spend our days pursuing our own forms of virtue and
self development.

Capitalism is about making everyone rich. Socialism is merely about making everyone
equal, which can be done equally in wealth and poverty. Since their policies don't
work to build wealth, the latter solution is the default outcome.

The core demand made by competent economists is that the effects of a proposed
policy be evaluated both in terms of long term effects, and in terms of effects on ALL
groups.

Since it is topical, I have linked below a short piece on health insurance. This is the
shortest summary of this topic you will see, and far, far better than our horribly
irresponsible media or Congress provided.

My longer treatment of Obamacare, which attempts not just a refutation of it, but a
principled, logical, and empirical defense of free markets, is now linked on a button to
the left.