Monthly Archives: March 2010

Must trade deficits be funded by imported capital?

KevinStud99 Everyone knows wealth is created and money is created. So why do so many people repeat the mantra that foreigners must fund the trade deficit (or current account deficit)? Isn’t that an obsolete zero-sum mentality? Why can’t it be funded by internally-created money based on real productive wealth-creation? Wrong Meg. The supply of US [...]

“Wealth Creation” Part 4 of 4 – Freedom Academy – Dr Tom G Palmer

WauBebas The last part of Dr Tom G Palmer’s lecture, “The Necessary Conditions for Wealth Creation” at Freedom Academy May 2009, Georgetown, Penang. Dr. Palmer is the Vice President for International Programs and General Director of the Atlas Global Initiative for Free Trade, Peace, and Prosperity at the Atlas Economic Research Foundation, Washington DC.Home Theater [...]

We often criticize dictatorships for having only one name on the ballot. Even if theres two, is that a choice?

Pilgrim With two socialist candidates on the ballot, isn’t that tantamount to a one-party election with two candidates? Has the GOP been silently murdered? Does America no longer have a choice to vote for a candidate offering smaller government, fewer government programs, a return to Constitutional government, greater wealth-creation opportunity for the individual and a [...]

What is your attitude toward people who excel you in the creation of wealth or in other accomplishment?

mitdevelopment Do you aspire to their excellence, or do you seethe at it? Do you admire and celebrate exceptional achievement, or do you impugn it and seek to tear it down? Do you think that to save America we have to knock the hell out of “reward failure and punish success attitudes?” Isn’t it “rewarding [...]