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Category: Economics
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By Selwyn Duke “A democracy will continue to exist up until the time that voters discover that they can vote themselves generous gifts from the public treasury,” goes the famous apocryphal warning. “From that moment on, the majority always votes for the candidates who promise the most benefits….” The result of this “is that every…
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By Selwyn Duke For decades, there would be much talk among politicians about United States budget deficits (and the national debt). Yet this faded sometime after 2010, at the latest, after which our debt achieved elephant-in-the-room status. It’s perhaps just too scary or inconvenient — when you want or are promising free stuff — to discuss.…
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By Selwyn Duke Elon Musk and Paul Ehrlich… Only a minority of people know who Ehrlich was; fewer still would know why I mention the two men together. But they represent diametrically opposed perspectives on a major issue: population growth. Billionaire tech mogul Musk has made news in recent years warning that our below-replacement-level fertility…
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By Selwyn Duke “The trouble with socialism,” said late British leader Margaret Thatcher, “is that eventually you run out of other people’s money.” Socialism also, one might add, can make the people with money run out. This is a concern, too, with proposed and already-instituted “wealth taxes” on millionaires and billionaires. Yet there’s a reason…
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By Selwyn Duke Imagine that Montana imported close to 400,000 Third World migrants, the equivalent of a medium-sized city such as Arlington, Texas, in just one year. Would that be a good idea? Could you foresee any problems with assimilation and manifold other issues? This question is apropos here because this is precisely what a…
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By Selwyn Duke If “work ennobles man,” as the saying goes, are we headed for a very ignoble future? If “cash is king” today, what will reign tomorrow? If an abundance of the material can bury the spiritual, are we headed for an ever-more intensified secularism? These questions could and should be asked with a…
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