Donald R. McClarey

They Probably Don’t Even Have a Starbucks!

  News that I missed, courtesy of The Babylon Bee:   RIVERDALE, NY—31-year-old Darlene Austin has always been an avid supporter of socialism, but she recently had an eye-opening experience. “At a vegan cafe, I met a guy from Venezuela,”

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Quotes Suitable for Framing: Milton Friedman

  There are four ways in which you can spend money. You can spend your own money on yourself. When you do that, why then you really watch out what you’re doing, and you try to get the most for

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Klavan, Smith and Friedman On Crony Capitalism

Ah the next four years are going to be so enjoyable.  When it comes to crony capitalism Adam Smith said it well: “The proposal of any new law or regulation of commerce which comes from this order [that is, ‘those

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Milton Friedman on the Loss of Freedom

His one hundredth birthday is a good time to view the above video by Milton Friedman on the loss of freedom.  Dead since 2006, Friedman’s words ring as true in 2012 as they did in 1980 when the video was taped, as

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The Debt Crisis in a Nutshell

Hattip to Bookworm Room.  We are heading to debt repudiation both nationally and internationally, although I am sure that some euphemism will be used.  What this does to the global economy is anyone’s guess, but I think at best we

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Poor Misunderstood Marx!

Commonweal has an article by Marxist literary critic Terry Eagleton in which he argues that Marx was right in his critique of captalism.  Go here to read it.  Go here to read a post about the article which appeared on the Commonweal blog. 

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Human Life and Risk

Hattip to Big Hollywood.  The rumor going around the internet is that the young skull full of mush humiliating himself in his joust with Professor Friedman is a svelte Michael Moore.  Even if this is not the case, the debate

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