This is my last entry for The Road to Prosperity, and this is a difficult one. The last three chapters of the book were very good and it’s tough for me to pick one topic to write about. I am very passionate about school choice, and the chapter on school choice contains a wealth of information in it. Mr. Toomey didn’t touch on the uphill | Read More »
For this weeks entry into the Book Notes project, I have chosen Social Security . I think this is an important topic for us to look at for two reasons. First, Social Security is running out of money quicker than the government is telling us. Secondly, how the government handles Social Security is directly related to how it will administer Obamacare. Mr. Toomey points out | Read More »
With the final (??) health care bill vote today, it may seem pointless to discuss anything else. However, tomorrow morning will bring more debates, and more battles to be won. This is true whether the Democrats in Congress destroy our health care today or not. We must continue to fight on all fronts. The Book Notes project was started to remind us of what we | Read More »
I have to admit that I was a little skeptical of reading a campaign book as part of the Book Notes project. I was wrong. The Road to Prosperity has really been a page turner for me. I have read a number of sections aloud to my wife (I’m sure she’s pleased by that). In honor of Saint Patrick’s Day coming up, I wanted to | Read More »
I made it to page 5 of Liberty and Tyranny when I came across the passage I knew I would use for this weeks “book notes”. The quote is Mark Levin quoting James Madison from “Federalist 51″: But what is government itself, but the greatest of all reflections on human nature? If men were angels, no government would be necessary. If angels were to govern | Read More »
This is the final entry for Economics in One Lesson by Henry Hazlitt. This was a very good read, and I am glad it was on the book list. In Hazlitt’s own words, this book, and “the lesson”, was very simple: The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy; it consists | Read More »
For this weeks “Book Notes” I read up through the chapter entitled “The Function of Profits”. For next weeks assignment, I plan to finish Economics in One Lesson. This weeks reading included the chapter “Minimum Wage Laws”. If I had titled the chapter, I would have called it “The Evil-and-in-all-Ways-Morally-Repugnant Minimum Wage Law”. In the interest of full disclosure, I have always thought minimum wage | Read More »
It seemed to me that the word “fair” appeared a number of times in this weeks reading. This section revolved around Exports, “Parity” Pricing, Saving the “X” Industry, and Government Price Fixing. Mr. Hazlitt does a good job of presenting the arguments many politicians used when this book was written to advocate certain practices. It’s amazing that these arguments continue to be used today. It’s | Read More »
I just completed the second weeks reading of Economics in One Lesson. Most of the reading assignments seem to be about 40 pages, so I made it through Who’s Protected by Tariffs. I said it last week, and I think it is worth repeating: I really am amazed at just how relevant this book is to the current political debate. Last week I attempted to | Read More »
I’ve started Economics in One Lesson by Henry Hazlitt. This was the next book on Erick’s book list, and it has been a great read so far. I am amazed how relevant this book is in today’s world. I read the chapter entitled “Public Works Mean Taxes” last night. Most of the chapter hit me like ice water in the face because of just how | Read More »
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