If the world is getting so much better, why does everyone seem so miserable? Perhaps because in the U.S., life is improving more slowly than in poorer countries, and in some places it is getting worse. Yet for most Americans, life is getting better: Median incomes are rising, average health is improving, and violent crime, divorce and teen pregnancy are all trending down.
About Hunter Hastings
Hunter Hastings is the Executive Director at Center for Individualism. He's an economist, venture capitalist, and lifelong advocate for liberty, economic freedom, and individual entrepreneurship.
Hunter’s current research is focused on the intersection of 21st century individualism, emerging technology and the radical decentralization that is freeing markets and creating a new spectrum of individual opportunity. His newest book is The Interconnected Individual, co-authored with Jeff Saperstein, to be published by Business Expert Press in 2018.
Entries by Hunter Hastings
The mayor says New York’s—and America’s—money is “in the wrong hands,” and his duty is to put it in the right ones. The right hands are presumably his own, by which he can pass that money out to those he and the City Council believe to be more deserving.
The new era of low transaction cost digital service provision is, in Munger’s telling, a revolution, as significant as the Industrial Revolution in the nineteenth century. Each of us as consumers will have the opportunity to lead more convenient, more efficient, and safer lives.
Clearly, this situation closely parallels the current one in many ways, and a legion of writers have already shown that the present level of subsidies and regulations places a demoralizing, intolerable burden on the increasingly harassed productive sector of society. We must remember that we all depend on the output of private economic activity.
SJWs are always angry and almost never genuinely happy or content. There’s always something or someone out there who must be “resisted” in some way. Around such people, no trash can is safe from being picked up and hurled in a fit of anger if someone you don’t like is about to give a speech at the local university.
Sweden tried democratic socialism in the 1970’s and 80’s. It didn’t work. Economic growth slowed. Since then, Swedish governments have reversed socialist policies. Now Sweden is growing faster than the rest of Europe, Swedes are richer, and the country is ranked more free than the USA.
What has been proposed is nothing less than the destruction of the fossil-fuel-based energy industries which have long been the lifeblood of capitalism. All houses and businesses are to be “upgraded” in terms of their energy use by thousands, or tens of thousands, of government bureaucrats who would presumably go door to door to enforce the state’s energy-use mandates.
By accepting the idea that China’s success is a function of direct government manipulation of investment, banking, currency values, corporate strategies, industry formation and labor markets, the West is essentially endorsing China’s ideological schemes.
Let’s hope government is shut down at least through 2020. This way there’s no growth in government. Congress and the White House both lose, but those of us not in government win, especially the investors and entrepreneurs who can get on with the business of creating prosperity and growth.
Planned inflation, engineered by Central Banks and executed through money printing and credit expansion, is a friend of expansive government and its close-in cronies at the big banks and Wall Street firms. It’s the enemy of the citizen. There are some signs that perpetual inflation may come to an end.
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