By investing in EZones with public funding, private investment, grant funds, and tax credits, economically challenged communities can generate the revenue and jobs needed to reduce local poverty in a sustainable way (without the need for long-term government funding).
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.
So what happened? Economic growth did. It’s that simple. Economic growth produced resources necessary for healthcare experimentation and advances that ultimately saved lives. Now people survive what killed their ancestors.
Our current bias towards trying to make a government rule for every single issue that arises in society is not only ignorant of the very institutions of freedom that make our society prosper, but it also threatens to continue a vicious cycle that fuels an ever-encroaching state.
It is trial lawyers who are trying to cripple the nation’s energy companies through climate change litigation, using the courts to advance immigration policies favored by liberal advocacy groups, and sending massive privacy class action settlement awards to the American Civil Liberties Union and liberal universities instead of everyday victims whose privacy rights were violated.
Same with Tesla, isn’t it? The company is worth seven times more than GM and Ford combined, not because it built a good business but because Elon Musk is good at getting people’s attention. Customers. Investors. Twitter followers – he’s told them all a good story, and the best story wins. This drives you crazy if you assume the world is swayed by facts and objectivity – if you assume best idea wins.
One can summarize Simon’s conclusion as “more people are blessings, not curses.” Each person born brings a mouth to feed and hands with which to scratch the ground, but most importantly, each new person brings a mind with which to have new ideas. The key, he argues, is freedom. When free minds are blessed with political and economic freedom, they can accomplish anything.
What would you the reader prefer to earn? A J.P. Morgan dollar, a Walmart dollar, an Amazon dollar, a Facebook dollar, or a Federal Reserve Note? Please think about this with Treasury’s oversight of those Federal Reserve Notes top of mind. In 1971 those dollar notes purchased 1/35th of an ounce of gold, while today a dollar buys less than 1/1800th.
We need to produce bad movies, in order to make good ones. We don’t know what will be big (Clerks, for example, cost $27,575 to produce and went on to make millions, launching the career of Kevin Smith) or what will flop (Ghostbusters, released in 2016, cost $144 million to make and is estimated to have lost $50 million)
While climate may have changed for the warmer, most extreme weather phenomena have not become more extreme, more deadly, or more destructive. Empirical evidence directly contradicts claims that increased carbon dioxide has reduced human wellbeing. In fact, human wellbeing has never been higher. Fossil fuels increase biological productivity, halting and turning around reductions in habitat loss
2020 witnessed small businesses across the country struggling to adapt and survive during the government-imposed pandemic lockdowns. And while some were able to pivot their services and business model to serve an increasingly digital market, many were forced to shut down for good, leaving thousands jobless. The closure of these businesses is one of this […]
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