Episode 277 « Itunes Podcast « Peikoff.
A good start to a Monday, listening to Leonard Peikoff’s bi-weekly podcast. This week he answers questions on:
Two quotes jumped out at me recently and helped me get clearer about the proper role of government.
The first is from Ayn Rand in her book “Capitalism: The Unknown Ideal”
The only proper function of the government of a free country is to act as an agency which protects the individual’s rights, i.e., which protects the individual from physical violence. Such a government does not have the right to initiate the use of physical force against anyone-a right which the individual does
Venezuela Forces Employment Even With Shuttered Factories – Bloomberg.
So many rights violations described in this article. And a great current example of the failure of socialism as system of government. Well, at least if you want to see the citizens flourish.
Glass Steagall II Is No Cure For Banks’ Ills – Investors.com.
I am not surprised that the government would fail to see that it was their regulations that caused the financial crisis and seek to pass further regulations to control “big banks.” While banks undoubtedly made bad decisions, the root causes can be found, as this article states, in government regulations and the incentives they provided.
Yaron Brook shared this talk he gave in 2009 at the Second International Conference on Climate Change. Excellent talk as always.
I don’t agree with everything this boy says, there is a fair dose of egalitarianism, but his thinking is remarkable clear.
Assuming the translation is accurate, and the boy is being truthful, he came to his ideas by listening, reading and using his own mind to think about the issues facing his country. I would wager there are many adults who might not see the contradiction in the Egyptian constitution saying “women are equal to men in all matters, except matters that contradict Islamic
Episode 276 « Itunes Podcast « Peikoff.
I always enjoy listening to these podcasts on Monday. This week’s has Yaron Brook answering questions on:
This is why at work when people ask me how they can pay I respond with “Anything but pennies.” I would probably draw the line at all nickels as well.
Samsung pays Apple $1 Billion sending 30 trucks full of 5 cent coins | News Hound.
Update: Ah well, I thought perhaps it was too funny to be true. In talking about this with a co-worker I wondered where they would get all the nickels to pay $1 billion. After quick search
Ah, the difference that 6 years makes.
HT: Ron Proulx for sharing on Facebook.
From The Objective Standard, which always has great and interesting takes on many issues.
The federal government has no legitimate role in forcing employers to provide insurance or in regulating insurance that employers may wish to offer. All such decisions should be left to employers, and potential employees should be free to accept or reject terms that an employer offers.