Archive: September 2016

In Defense of the Gouger

Not only should “gouging” be “legal,” but in fact welcomed. Gouging ensures a supply of a good even when supplies are constrained. For example, gouging of event tickets ensures that you can get a ticket at a moment’s notice. Although the price is high would you prefer high price and ticket vs. no ticket? Rising prices due to increased demand is the market-natural rationing system. If prices stay low, then no one cuts back and the good is quickly consumed. High prices incentivize conservation so a given supply last longer and is available to those that desperately have a need of it.

Can Buy Me Love

There is something eerily similar to the behavior of politicians competing for votes and that of divorced parents competing for the love of a child. There are two strategies deployed in this endeavor. Tear your competitor down with insults or build yourself up through gifts. With either approach there is little daylight between Democrats and Republicans. With Trump’s recent speech directed at working women we see that the difference between Democrats and Republicans is in degree, not kind. Both are quite willing to violate the rights of the individual upon the altar of compulsory collectivism, because you know, feelings.

September 22 / 2016

Never Forget

“We will never forget.” This sentiment is nearly universally applied in remembrance of the September 11 anniversary. But what does it mean? Since most do not personally know someone who perished, it is doubtful it is intended to memorialize a particular individual. Rather, it is intended as a warning to those that attacked us, “I will never forget how you hurt us; you will pay for what you have done.” It is a passive-aggressive remembrance. But when a bee stings someone perhaps it is more fruitful to try understanding why they got stung than to wage war against the hive. Yes, the bee stung me and that rightfully makes me angry, but, perhaps my buddy should not have thrown that rock at the hive five minutes earlier. Maybe, just maybe, that had something to do with it.

Capital Day

Show me a worker laboring without any contributions from capital and I’ll show you naked primitives feeding off berries and dead carcasses. Every advance in the standard of living is built on a foundation of both labor and the deferred consumption (capital creation) that permits the creation of tools to augment laboring efforts. Holidays should be deployed to remind the populace of that which normally escapes public notice. This is exactly why we need a “Capital Day”. Although capital surrounds us, it is too often ignored, like the air we breathe, and like air, our society would be dead without it.

September 05 / 2016
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