The fruits of Congressional overgrazing. Our nation is rapidly approaching a point from which there's little chance to avoid a financial collapse. The heart of our problem can be seen as a tragedy of the commons. That's a set of circumstances when something is commonly owned and individuals acting rationally in their own self-interest ... MOREWalter E Williams: Our Nation's Future
The fruits of Congressional overgrazing. Our nation is rapidly approaching a point from which there's little chance to avoid a financial collapse. The heart of our problem can be seen as a tragedy of the commons. That's a set of circumstances when something is commonly owned and individuals acting rationally in their own self-interest ... MORE
Labels:
collectivism,
Congress,
credit,
crisis,
debt,
economics,
GDP,
self-interest,
spending,
welfare
Kevin Kelly: Ron Paul Has Already Won
The most underreported story of the political year. The mainstream media continue to discount Ron Paul as a factor in the race for the Republican nomination, even though he and his supporters could become serious contenders when the convention meets in August. Paul continues to rack up delegates in such states as Iowa, Minnesota ... MORE
Labels:
campaign,
economics,
Federal Reserve,
foreign policy,
GOP,
libertarian,
Republican,
Ron Paul
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