Israel is a country surrounded by hostile militants and in control of meager natural resources. Its strategy is to tap into the only resource that matters, the power of the human mind, and get out of the way. Its a matter of survival. This confounds the statist orthodoxy, and is ignored.
About Mark Shupe
Mark Shupe is a contributing author at Center for Individualism. He is also an investment strategy advisor and fitness instructor. Mark studied economics and finance at the University of Notre Dame. His writing passion includes the history of Western Civilization, the moral case for Capitalism, and the promise of Individualism.
Entries by Mark Shupe
Grandiose social programs for solving urban poverty accomplish something else. Instead of offering proven economic solutions, they stroke the egos of the donor and government agency class to keep them relevant. They also deflect attention away from the unspeakable root causes.
The Tour de France is more than a sporting spectacle. It features real life examples of the things that matter for human flourishing such as teamwork, specialization, and the thinking that leads to long-term peace and prosperity.
Jerry Seinfeld said, “I don’t want my money to work hard, I want it to relax.” He is onto something. It can take a lot of work to get things very wrong. Those who place their faith in unreliable data sets built on self-fulfilling prophecies, and those who ignore the consequences of government interference, can be blindsided.
Old Havana is rich in the history of the Cuba, and distant reminders of its former sense of life. Light is finally shining on the creative and resilient people of Cuba who have spent the last 60 years faking loyalty to their socialist masters. Cuba’s Lost Generation are now in their 50s, ready to show the world their resilience as did Hemingway’s Lost Generation of 100 years ago.
The inflow of investment funds creates valuable assets, such as more machines, more factories, and increased research and development. This raises the productivity of labor (causing wages to rise), improves work conditions, and generates greater output. Americans’ standard of living increases.
People study the nature of things to understand possibilities and manage risk. The currency of the scientist, economist, and entrepreneur is reality. Complex systems like cancer are being confronted with a new network of enemies armed with and old theorem.
Grueling science has taught us that the relationship between space and time is like a flexible fabric that should be understood and appreciated. Science also teaches us that the relationship between creative minds and free markets is also a flexible fabric, but need not be so grueling to discover.
Their plan is a “simple idea” that “could strengthen our economy, benefit working class Americans, reduce regulations, and protect our natural heritage.” And it could give pigs wings, freeze hell, and invent water.
Don’t try to predict the future. Try to anticipate possibilities, achieving balance between competing priorities, and capacity for risk. Be flexible. A heart rate monitor is a tool to that helps the user find the optimal energy zone for long-term health and vitality. Economic tools for investing perform a similar function.
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