Posted on 08/21/2017 10:58:22 AM PDT by Thalean
Economics is an intellectual tool that can help us make better decisions, but it should not make these decisions for us. There are many rational reasons to sacrifice economic expediency for principles of far greater value—things like family, freedom, art, science, nature, or God.
One of the reasons Singapore is so rich is because political dissent, and the uncertainty it creates, is extirpated. Likewise, China’s economic rise was made possible, in part, due to its ability to bulldoze villages, pollute rivers, and silence critics—all in the name of “progress.”
Economically justified? Certainly. Rational? Perhaps—for Bentham’s most ardent acolytes.
But for those who, like Edmund Burke, see the nation not as an assorted collection of atomized individuals, seeking pleasure at the expense of their fellow man, but as a people inseparably bonded to one another through culture and language, and to the past and future through art and blood, sacrifices laid at the altar of economics are of little value. Far more important is the preservation of our nation, be it wilderness or artifice, duty or liberty.
(Excerpt) Read more at nationaleconomicseditorial.com ...
“One of the reasons Singapore is so rich is because political dissent, and the uncertainty it creates, is extirpated.”
Nonsense, typical of the leftist media’s distorded wishfull thinking. Singapore is rich for the same reasons as Taiwan or Hong Kong, so it has nothing to do with the fabled absence of political dissent, and all to do with the IQ of its people.
What Hayek termed “broken window economics.” Break something, then spend billions to fix it, and pretend you came out money ahead.
That has been my assessment as well. My income has gone up 5x since I started the program in ~7 years (graduated 5 years ago), and I didn’t have to move to NYC, Chicago, etc to get it, either.
Then why does EVERY country have borders?
Show me the successful model.
Like Retard Pelosi’s “rational” benefit for unemployment injecting into the economy two dollars for every one dollar spent. These people are truly insane, yet bubbling up into positions of influence and power.
It will make a handful of people trillions of dollars richer and unbelievably powerful
There is an element of truth in that claim. Open borders could make the globalist elites much richer. They don’t care how much it costs ordinary people or how disruptive a rapid transition might be to our country. Elitists in the Ctrl-Left disgust me.
I was not smart enough to earn a Ph.D in economics (too much advanced math such as stochastic difference equations etc).
So I finished up with an MA in economics (Chicago) and pursued my boyhood dreams of running away to sea and joining the merchant marine. I did that for 15 years and for the past 29 years been teaching at the college level.
Several of my friends also left doctoral programs and went on to earn an MBA. In hindsight that would have been the best thing for me as well, but I have loved what I have done.
Politics
EXCLUSIVE: Emails Reveal GOP Senator Lobbied For Mexican Foreign Workers On Behalf Of Friend
Alex Pfeiffer
White House Correspondent
10:54 PM 08/21/2017
Republican Arkansas Sen. John Boozman lobbied for low-wage Mexican foreign workers on behalf of a personal friend, emails obtained by The Daily Caller reveal.
A Boozman staffer, Rebecca Caldwell, emailed the U.S. consulate in Monterrey, Mexico to ask for 80 workers needed for a farm in Arkansas. The emails were obtained through an open record request by the Immigration Reform Law Institute and provided to TheDC.
Caldwell wrote in a May 28, 2015 email that she is contacting the consulate “on behalf of my constituent Doug Gillam of Gillam Farms of Arkansas, INC.”
“The senator has asked that I reach out to you regarding this issue as he is personal friends with [redacted],” Caldwell added.
Boozman’s office did not respond to a press inquiry about who this personal friend is. However, Gillam owns the farm alongside his brother, Jeremy, who is the Speaker of the Arkansas House of Representatives.
Truer words have rarely been spoken.
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