The Ponderosa: Former paper of record graduates Econ 101!

Death before Dhimmitude

Energy Independence

Above this race of men stands an immense and tutelary power, which takes upon itself alone to secure their gratifications and to watch over their fate. That power is absolute, minute, regular, provident, and mild. It would be like the authority of a parent if, like that authority, its object was to prepare men for manhood; but it seeks, on the contrary, to keep them in perpetual childhood: it is well content that the people should rejoice, provided they think of nothing but rejoicing. For their happiness such a government willingly labors, but it chooses to be the sole agent and the only arbiter of that happiness; it provides for their security, foresees and supplies their necessities, facilitates their pleasures, manages their principal concerns, directs their industry, regulates the descent of property, and subdivides their inheritances: what remains, but to spare them all the care of thinking and all the trouble of living?

--Alexis de Tocqueville, Democracy in America

Friday, December 30, 2005

Former paper of record graduates Econ 101!

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U.S. Growth May Hinge on Businesses

Did Paul Krugman approve this headline?

"May" hinge on businesses?

Growth has, does and ALWAYS WILL rely mostly on the health of "Business".

Most of us figured this out when we plopped a card table on the sidewalk in front of the house and endeavoured to sell lemonade.

Apparently, that trumps an Ivy League "education"!

The Ponderosa

Friday, December 30, 2005

Former paper of record graduates Econ 101!

Available from The Virginia City Trading Post . . .

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