About Me

In writing the "About Me" portion of this blog I thought about the purpose of the blog - namely, preventing the growth of Socialism & stopping the Death Of Democracy in the American Republic & returning her to the "liberty to abundance" stage of our history. One word descriptions of people's philosophies or purposes are quite often inadequate. I feel that I am "liberal" meaning that I am broad minded, independent, generous, hospitable, & magnanimous. Under these terms "liberal" is a perfectly good word that has been corrupted over the years to mean the person is a left-winger or as Mark Levin more accurately wrote in his book "Liberty & Tyranny" a "statist" - someone looking for government or state control of society. I am certainly not that & have dedicated the blog to fighting this. I believe that I find what I am when I consider whether or not I am a "conservative" & specifically when I ask what is it that I am trying to conserve? It is the libertarian principles that America was founded upon & originally followed. That is the Return To Excellence that this blog is named for & is all about.

Wednesday, October 28, 2015

The Open Market - A Method Of Free Enterprise Cooperation

Many have seen the cover of his book Free To Choose in which Professor Friedman holds a pencil in such a way that begs the obvious question "what's with the pencil?"
Click on the referenced post below to hear the great libertarian professor present & explain the free enterprise cooperation involved in making a simple lead pencil – it is truly astounding when you think of all the steps & people involved from so many corners of the world.
In this same light, Andy George, recently took six months out of his life to show what similar type of cooperation is involved in making a chicken sandwich.  The result is a real homemade sandwich that points out how much of capitalism we take for granted in our daily lives – like eating lunch.
Lastly, click on this video that shows the importance of trade to maintaining our standard of living that also demonstrates Professor Friedman's words – "Our gain from foreign trade is what we import.  Exports are the price we pay to get imports . . . the citizens of a nation benefit from getting as large a volume of imports as possible in return for its exports, or equivalently, from exporting as little as possible to pay for its imports."
The graph below shows another troubling trend for America in this regard.
click on graph to enlarge

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