Posts Tagged history

Why do we oft progress in reverse?

In “the 5000 year leap” by Cleon W. Skousen, he points out a common flaw among civilizations, our tendency to progress in reverse.  To describe this, I pull a passage from the book:

Unfortunately, every new generation of human beings seems to feel the instinctive and passionate necessity to reinvent the sociological wheel.  The physical sciences capitalize on the lessons of the past, but the social sciences seldom do.

In Political and social relations, a single generation will sometimes duplicate the same error half-a-dozen times.  Too many humans beings are doing it today.

They are muddling their lives with drugs, riots, revolutions, and terrorism; predatory wars; unnatural  sexual practices; merry-go-round marriages; organized crime; neglected and sometimes brutalized children; plateau intoxication ; debt-ridden prosperity; and all the other ingredients of insanity which have shattered twenty mighty civilizations in the past.

These elements of social decay can have a devastating impact on the highly technical and delicately interdependent civilizations which freedom and prosperity have brought to mankind.

I despise the use of the term “progressive” as it tends to be just the opposite in practice.  Those utilizing this label typically make efforts to somehow revive past ideas that have never worked, hoping this time they will.  Often, they act as if these are “new” ideas and “new” direction on where we need to go as a society. But why? Why don’t we simply progress utilizing the proven principles and concepts that have brought us this far instead of hoping that our current stature may finally support false concepts of digressed societies.

Its time we think about this:

The physical sciences capitalize on the lessons of the past, but the social sciences seldom do.

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The Entrepreneur is the Answer. You’re trying too hard mr. Gov.

I like to think that proponents for big government solutions have good intentions.  In fact, most of them likely do.  There is the occasional power-hungry participant that is downright scary but the majority are well intentioned.  The problem lies in a fundamental understanding of the purpose of government and what works vs what doesn’t.  No matter how much you support Che Guevara and Fidel Castro’s 59′ revolution for the ‘working man’, Cuba’s recent past has been less than ideal and glamorous.  It just didn’t work.  Now that might be an extreme example but either way… Even Sweden has been working back toward free market economics with the near collapse of it’s socialized system in the early 90’s.  If someone tries to show Sweden as a model for success, make sure you differentiate today’s results from yesterday’s causes.  They had to reform their system from near collapse due to socialization and now, nearly any successes they see are from free enterprise.

Now back to us… the government is just not that good at business, and that’s okay!  It was never meant to be.    I believe it is well summed up by Claude from the Ben Stiller movie “Along Came Polly”, check it:
BlankSo the moral is the gov needs to accept that it is a “hippo” and not a “zebra” (big business) or even a “leopard” (small business), it’s a hippo and if it ever accepts it, it can live happy as a hippo….

Ramirez, in his artistic eloquence, shows the gov’s enterprising history…

Not the best track record… Let’s just accept that it’s a hippo, then maybe we all can be “happy as a hippo”… hehe…

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Essay Review: Great Myths of the Great Depression

Great Myths of the Great Depression

I recently finished an essay by Lawrence W Reed, currently the president of FEE (foundation for economic education) of which  I’ve posted briefly in the past.  This short and concise essay described the ‘true’ causes and sustaining factors of the great depression.  It dismantles the common thinking that the “New Deal” and FDR were solutions to the depression, and discusses the realities of the regulation, deceit, and politician-ing that went on during the depression.  Solutions included FDR’s proposal of a 99.5% marginal tax on incomes over $100,000 (luckily it didn’t take), the destruction of goods and crops in an attempt to raise prices, and many more interesting debacles of political blundering that occurred, too many list here.

The essay pointed to the real culprit of the Depression and business cycles in general, bad monetary policy.  This is revealed again with the current economic crisis and the Federal Reserve’s tinkering with interest rates (just as in the 20’s as a precursor to the crash).  In fact, the circumstances leading up to the depression and even many of the political solutions imposed are astoundingly reminiscent of today!  Do we ever learn from the past?!?!  Hopefully the result will not be 12 years of drudgery in depression again… Check out the pamphlet in print here or as well available for free online here.

I give this essay a solid 2 thumbs up and recommend it to anyone.  In fact, get a few copies and give it to anyone you know…

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Book Review: The Making of Modern Economics – Mark Skousen

I recently finished “The Making of Modern Economics” by Mark Skousen.  I found this book quite intriguing.  It provides a powerful foundation and historical background to economic thought by offering the histories of the individuals that most contributed to modern schools of economics and public policy.

For me, this was very educational and interesting as I do not have a formal, in-depth, economics-specific education.  The book provided not only the economic contributions of each individual but attempts to provide a glimpse into the events of each person’s life that lead up to and followed their contribution, offering a deeper understanding of why they may have thought the way they did.   The book carries a tone and focus on free-market thinking with Adam Smith as the reference standard throughout.  This is easily understood considering the author and also my choice in reading it.

I highly recommend this book to any interested in a deeper education and understanding of economic thought and its historical evolution.

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