Taxation is the price we pay for failing to build a civilized society. The higher the tax level, the greater the failure. A centrally planned totalit….

The fundamental flaw in Social Security and Medicare is that they violate the 'welfare principle' in economics. The welfare principle forms the funda….

Today's political leaders demonstrate their low opinion of the public with every social law they pass. They believe that, if given the right to chose….

Most of Marx's predictions have failed to materialize, and his labor theory of value and other ideas have been proven wrong. Marx failed to recognize….

Taxation is the price we pay for failing to build a civilized society. The higher the tax level, the greater the failure..

No one spends someone elses money as carefully as he spends his own..

You can judge a man by the books in his library..

It is business that generates the jobs, income and taxes that keep a country going..

When everyone is a contrarian, nobody is a contrarian.

We shall never change our political leaders until we change the people who elect them..

Bitcoin is not an actual physical coin, and if computers are shut down, you can't buy or sell them. That's why nothing will ever replace gold and sil….

I find it ironic how New York City Mayor Mike Bloomberg is so focused on such small issues as drink sizes, while ignoring the massive infrastructure ….

The reality is that business and investment spending are the true leading indicators of the economy and the stock market. If you want to know where t….

The worst thing that can happen to an investor is to make money on his first trade; he thinks investing is easy.

Fraud is common when you give away billions. Fraud related to Hurricane Katrina spending is estimated to top $2 billion. In addition, debit cards pro….

The profit motive promotes economic growth by creating better products at cheaper prices..

Gold and Silver have always had value, never gone to zero. Can you say the same for stocks and bonds?.

Here in America, government began as a tool to assure freedom. It gradually turned into a hideously expensive political toy designed to redistribute ….

One suggestion my wife and I have used in our personal finance courses we teach at college is simply writing down all expenditures and seeing where t….

All workers, whether they are employed in the private or public sector, should avoid living 'paycheck to paycheck.' Studies show that every household….

I've felt for some time that economics needs to be taught differently by economists who actually have had experience making a payroll or investing on….