Saturday, January 30, 2010
This is not a new piece though I just stumbled upon it when surfing.... it's spot on with my beliefs and states them much better than I am capable of doing. It's from Civil Society Trust. Here's an excerpt....
"What is fundamentally not understood amongst an apparent majority of voters is that entrepreneurs and their financiers, (often being one in the same), create jobs. They perform the vital discovery mechanism of demand assessment and supply a potential solution, risking their own resources to do so."
One of the statements that the author makes that is often misunderstood is that supply must come before demand. People often say, how can you supply something that you don't know the need(not demand) exists for. This is proof of the economic illiteracy of the person who says this. Demand is not need, demand is the actual purchasing of a product or service at a given price level, not whether you want it or need it. If you are unable to pay the price at which the good or service sells, then that's not demand, that's just want or desire. Also, in order to 'demand' something, you have to supply the needed good or service that supplies you with the money to purchase it. Money is simply the medium by which we trade our own goods and services for those of others through markets. Any time the government intervenes, they create a higher price or lower demand through taxation or regulation, unless they are 'subsidizing,' which simply means they are redistributing goods or services from somewhere else, and as a result they are intervening in another transaction or set of transactions, creating a domino effect of interventions in market transactions.
Wednesday, January 27, 2010
Crais is one of my favorite authors. I 'discovered' him when I read a review of his book, L. A. Requiem about 10 years or so ago, and promptly found all his older books and read them. I recommend you start with The Monkey's Raincoat, which was his first novel and was originally published as a paperback original. I had the pleasure of meeting RC at a book signing and reading in New Orleans just a few months before the hurricane in 2005.
Monday, January 25, 2010
Walter Williams is a very smart man and I really enjoy his columns. He is able to state his arguments in easy to understand, logical and common sense language.
Saturday, January 23, 2010
Check it out, but only if you have a lot of time on your hands.
Friday, January 22, 2010
Former Texas Tech defensive coordinator Ruffin McNeill became the first black head football coach at East Carolina on Thursday, and one of his former Texas Tech co-workers, Lincoln Riley, will be his offensive coordinator.
McNeill, 51, returns to his alma mater after spending the past 10 years at Tech, including the past two as defensive coordinator, under coach Mike Leach, who was fired Dec. 30.
ECU athletic director Terry Holland said McNeill was a hit during his interview Thursday morning. McNeill graduated from ECU in 1980 and played safety for the Pirates in 1976-80.
"Coach McNeill’s interview revealed his strong commitment to doing things the right way and his love of coaching young men to grow in every part of their lives," Holland said in a statement.
Tech promoted McNeill to interim coach Dec. 28 after it suspended — and later fired — Leach after allegations that he mistreated backup receiver Adam James. With six days to prepare, McNeill guided Tech to a 41-31 win over Michigan State in the Alamo Bowl.
McNeill was interviewed for the Tech job that eventually went to Tommy Tuberville.
"As a head coach he took one of the most adverse situations in college football and wound up winning a bowl game," Riley said. "He’s a great man and you can’t find anybody to say a bad thing about him."
McNeill replaces Skip Holtz, who left ECU last week after five seasons to become head coach at South Florida.
Dwain Price, 817-390-7760
Wednesday, January 20, 2010
I am, as the late Milton Friedman said, a libertarian with a little l and a Republican with a Big R. What this means is though I don't always agree with the Republican party, I do believe it is more closely aligned with my beliefs in the areas that matter the most. I also don' t always agree with the Libertarian party platform and though I read some libertarian blogs and newsletters on occasion I think supporting the Libertarian party is not really productive in the big picture, at least not at this point in history.
These are some of the many things I'll post about. Sometimes I may write an opinion piece, sometimes I will just link to articles I have read somewhere else, and when I do this I'll usually give my thoughts on it. And sometimes I'll just link to something that I read and enjoyed.
Hope you enjoy reading my blog.