Posts Tagged ‘economics’

Have you been watching playoff hockey lately? If you’re Canadian, the chances are you have. You would then have seen those commercials about Canada’s Economic Action Plan. It’s VERY hard to get under my skin, but every so often something comes along that just gets to me. Did you know you’re spending around $95 000 each time that advertisement plays; to be told that you’re spending money on improving the economy?

A while back I wrote a piece on the different ways money is spent, and I encourage you to go through it if you haven’t already. It explains how when you’re not spending your own money for yourself, it tends to get wasted. This is especially true when it’s not your money and it’s not for you, which is called third party spending.

If given that $95 000 to spend, even assuming you can’t spend it directly on yourself, how many people do you think would have chosen to spend it on that advertisement? I’ll bet anything that even the people who spent it on the ads would have spent it elsewhere if given the choice; if it wasn’t set for that campaigns budget by the government.

I recently read an article that showed the government has spent $113 million on these type of advertisements since 2009, that tell us they are doing a good job improving the economy. (more…)

Orrin Woodward recently posted this article on his site. He did a little introduction to an Amazing article by Oliver DeMille about the need for a new party. Although this article is about the United States, I believe this also applies to Canada. Even if we do have more than one party, none are what we truly need; we need a party of small business!

I’m super excited about the book LeaderShift, co-wrote by Orrin Woodward and Oliver DeMille. After reading Oliver’s FreedomShift and 1913, along with Orrin’s Resolved and Launching a Leadership Revolution – There is no doubt this book is going to be a top seller, and a book that will help change the course of our countries; in a positive direction!

Get the book. Mine is pre-ordered!

Enjoy,

Lee Weishar

Orrin’s article:

LeaderShift by Orrin Woodward & Oliver DeMille
LeaderShift isn’t a political party, but it is a freedom movement of productive members in society (of both left and right persuasions), who are concerned about the decline in dialogue, decision-making, and direction of our country’s political leaders. Oliver DeMille and I wrote LeaderShift to provide new thinking to an old problem, using the Five Laws of Decline to describe the process. Governments, by their very nature, tend to centralize and control. Indeed, local leadership and freedoms are inversely proportional to centralized powers and control. (more…)

I don’t like to delve into politics on this site, but prefer to discuss principles. However the last speech Ron Paul gave to congress is too important to not share it, and the only politics involved stems from Ron Paul being in Congress himself.

As political as you may find it, it was all about principle. It’s about looking at what it going on around us, and why we got to our current situation. If we don’t know what it is really happening and how we got here, how can we fix it? It comes down to working more on our own education and our own actions.

You can read the whole thing here, or watch it on YouTube here.

Here are some of my favorite parts from it that should be considered by everyone, in whatever country you live in. (more…)

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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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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