freedom

Why America is no Longer a Free Capitalist Country

Leave a Comment / Capitalism / By

Unfortunately, as soon as you put someone in control of the distribution of wealth… greedy, power-hungry individuals will gain control of it and take the majority share for themselves and their friends. Also as soon as you centralize the means of production it becomes inefficient and produces less… making everyone poorer.  A lesson learned from the former Soviet Union (i.e. Soviet Socialist Republic): When the government mandated that a factory produce 1 million nails a month they produced a million tiny worthless nails. So the government mandated that they produce 100,000 pounds of nails so they produced 100,000 (equally worthless) 1 pound nails. On the other hand, a truly capitalist factory must produce what the consumer wants or it will go out of business.

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A winery near Cafayate, Salta Province (Argentina).

Life in Argentina

Leave a Comment / Freedom, South America / By

The first, and possibly most surprising, thing about life in Cafayate has been how social it is. The Argentines are very warm and welcoming people, and we have made a surprising number of local friends. In addition, there are generally like-minded and almost entirely agreeable owners at La Estancia de Cafayate, complemented by a steady stream of visitors.

Interacting with only one of those groups would be more than enough social life for me, by temperament something of a recluse (my wife always laughs when I say that, but it’s true). When taking all three groups into consideration, however, the amount of socializing gets positively over the top.

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Market Psychology and Eliminating Freedom

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This week two major court cases chipped away at our 4th amendment rights one by the Indiana courts and another by the U.S. Supreme court. Pretty soon they might as well just cross out the 4th amendment because it will be totally meaningless. In the Indiana case, the court ruled that it is against the law to resist officers trying to enter your residence even if they don’t have a warrant and are entering illegally.  In the Supreme Court Case, they ruled that officers could enter a house without a warrant and subsequently arrest the occupants if they heard noises that made them assume that evidence was being destroyed. In the following article, David Galand addresses the herd mentality and why we as freedom-loving Americans are putting up with this, how it affects our investments and what we can do about it.

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