Archive for the ‘Economics’ Category

Economic Threat LevelI see many articles in the news lately, especially with the US election, talking about the challenges facing Barack Obama’s second term in regards economic threats from abroad. But how is that possible?

This is only possible if one country having a better economy than yours is bad for your own economy. The best way to see the absurdity of this is to think in terms of your neighbor  or maybe a friend. Better yet, since it’s usually countries that we don’t like which are considered economic threats, think of that co-worker you can’t stand, or the guy you really don’t think should be marrying your daughter.
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19131913. It was the year everything changed. In his book ‘Freedom Shift‘, Oliver DeMille explained how nations go through what he calls world shifts. He explained that these shifts either put a nation on a path towards more freedom through a freedom shift, or towards more oppression through a force shift.

In that book he mentioned that the last shift, a force shift, started in 1913 and he gave a brief explanation on why. In his latest book ‘1913’ he spells out in more detail just what it was that happened, and why these events have had such on huge impact on our lives today.

What I love about this book is that it is not a doomsday book forecasting our downfall, but a lesson in history intended to educate us about the principles of freedom and why they are so important. Not only is it a lesson on history, but it maps out a plan for our future. By showing where everything went wrong and why he sets us up for his plan to restore freedom, which he goes through in the second half. He gives a road map to making sure the next shift we experience is a freedom shift and not another force shift.
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Ron PaulIt’s not often that you find someone in politics that has the character to do what’s right, and stand by what he believes regardless of the consequences to his career. It takes courage to stand up for what you believe in and never waver, even when you know that you can get ahead by going along with the majority.

In Orrin Woodward’s book ‘Resolved: 13 Resolutions for Life‘ he devotes a chapter to having character; Choosing character over reputation anytime they conflict. He gave a great example of a man who displayed character using Ludwig Von Mises, and how he promoted the Austrian theory of economics knowing it to be correct. He did this when everyone else around him was getting ahead and accepted by the establishment by saying what people wanted them to say. Ludwig Von Mises stood by his beliefs at great personal cost, because it was the right thing to do. That is character.
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Leadership And Liberty

It’s important to learn as much as we can on the concepts of freedom, because if we don’t understand what it is and where it came from, we might as well say goodbye; we won’t see it being taken away a little piece at a time.

One of my biggest passions over the past two years has been the concept of freedom. I have always believed that people should be free to do as they wish as long as they aren’t hurting others, but have learned so much about the concepts of freedom that although my core values remain the same, many of my views have changed.

There are two sources of information that I have found to really help me understand what it means to be free, and that shows us how we can impart this information to others; helping to promote a free and prosperous society.
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Quebec tuition hike protestAre the students who are ‘striking’ in Quebec right or wrong in demanding to not have to pay more for school?  With everything that has happened, it is not really important who is right on that topic. What is important to understand is the actions of the students; what it does to individuals and how it infringes upon their freedoms.

If your interested in who is right when it comes to the tuition increases, There is a lot of information available on those ideas through the Austrian school of economics, and so I will not bring up those ideas here.

Regardless of whether or not the students or taxpayers should pay, their actions are wrong. The idea of a strike with today’s laws, goes against the freedom of individuals in society.

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intro to econ

If you are new to the subject, this article will be for you. You will find no complicated formulas or theories here, just a few basic concepts. There will be some in depth explanations and examples through the embedded links for those who want to pursue the concepts further.

What is Economics?

Contrary to popular belief, you need no understanding of math to understand economics; logic and reason on the other hand can be of vital importance.

Economics is about choices. It is looking at the choices of what you or someone else does with your time and money. It also involves who is best to make these choices. It is about how people act and interact, which leads to how wealth is created and maintained. It is about incentives.
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group of doctors wants the federal and provincial governments to tax the rich more, with a misleading slogan of ‘Tax us. Canada’s worth it’

One might ask how this is misleading when they are asking for themselves to be taxed more, but they are really asking for ALL the rich to be taxed more. They make it sound like since they are rich and want to be taxed more, that it is the right thing to do, and that the rich in general agree.

All this really shows is that they don’t have a good understanding of economics. Anyone who has studied Austrian Economics knows that much of the money spent by the government is wasted and not spent efficiently. The article from which I got this information states that the federal government would get 3.5 billion from the plan, with Ontario making 1.7 billion itself. With the way governments spend money, the country would not get 3.5 billion in value, and since we don’t choose how the government spends the money it extracts, it might not even go to the programs the doctors want funded
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I just finished reading Freedom Shift by Oliver DeMille, and the book is fantastic!

In this book, DeMille puts forth his 3 choices to reclaim our freedoms. Although written from the American perspective, the ideas he lays out can, and should, be applied to every country.

We can have an entrepreneurial revolution, a rise of the independents, or developing and leading new tribes. We are not limited to one choice however, and should endeavor to choose all 3.

DeMille starts off his book by going through the producer vs employee society, and explains how producers are more inclined to promote freedom than a society of dependents. Employees are dependents because everything they do or have is dependent on what their employer gives them, and so can’t truly do anything on their own.

Public schools these days don’t really teach students to be leaders or entrepreneurs, and that is exactly what this world needs if we are to reclaim the freedoms that are constantly being taken away by our governments. Public schools teach people how to be employees, keeping the low and middle class citizens in the low and middle class. Our schools don’t teach us how to get out of those classes, as employees are not meant to. entrepreneurs work for their own dream, while employees work for someone else’s. What our schools teach is remembering names and date and formulas, with very little meaning being brought to any of it. For example, when I was in high school, I remember learning stuff about history, but what it was about those times that made it important. What I learned (when I could remember) were names and dates of different events and people, that was quickly lost after the tests were written. I had gained no understanding or meaning from those people or events.
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The following video was shared with me, either in the hopes of convincing me Socialism is good or as a joke, by someone who believes in socialist ideas. Although it may have been shared only in jest, it is very misleading and the issues need to be discussed. Please click the link to watch the video

Please click the link below if the video does not play

Bill Maher – Irritable Bowl Syndrome

The video leads people who don’t think past the information presented to believe that because there are positive socialist aspects in sports, it proves that socialism is good. It should be noted immediately however that the economy as a whole does not function in a limited environment like that of a sports system.
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freedomAs I’m usually doing these days, I was listening to a CD from the LIFE Freedom Pack called ‘History of Freedom’ by Orrin Woodward and Chris Brady. These are two gentlemen who have studied so much history, and understand what it means to be free. More importantly, they understand where freedom comes from. It’s important to understand the history of freedom, because without it, we don’t truly understand what it means to be free. There is truth to the saying that you don’t know what you have until it’s gone, however I don’t believe that you need to lose something; you just need to know what it is to not have it. If you can picture it in your mind, it can be almost as real as having it happen.

Hopefully, by summarizing the CD here, you can get a better idea of what it means, and a better understanding of how to keep your freedoms. Most of this is from the CD, except where I bring in a Canadian perspective, or use ‘I’.

As Chris Brady starts off,

Freedom is something around which all of us should be able to rally. Freedom is something that ought to be a universal agreement by individuals everywhere that freedom is a shared, sacred ideal. Something that is valuable, and, as a matter of fact invaluable in the lives of people. But yet freedom doesn’t seem to be understood. It seems to be misunderstood. It seems to get mistreated, shoved in the back corner, abused, tortured and even water boarded.

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