I have almost finished another article, but it is becoming a tome. So in the meantime, here is some food for thought (unrelated to the article I am finishing). According to labor statistics, in the United States, 2% of the working population grows all the food that 100% of the population eats (not accounting for [...]
I get my share of e-mails promising me that my life will be just perfect if I simply download some cheap software, buy a cheap replica Rolex watch, and increase the size of my genital organ. Regarding the last, I once got an e-mail promising me “infinite length.” I stopped to think about that. What [...]
One of the essential ingredients for economic development, in tribes and nations, is a fair and reliable set of property rights. If nobody feels secure in their possessions, nobody will produce anything or build any wealth. We must exercise control and ownership over the fruits of our labors. Otherwise, whatever we produce may be stolen [...]
I have found that when I attempt to do something very difficult, it often leads me to an epiphany of innovation and invention. There are always ways to make difficult tasks easy, and if a way doesn’t exist now, it will as soon as enough people face the problem and decide to invent a solution. [...]
April is the peak month for our business, so I may not have time to write any lengthy articles. Instead, I will try to post a brief daily thought until the season slows a bit. Many small business owners have realized that operating a business from home cuts overhead compared to operating a business on [...]
Many young couples are told to wait to have children until they graduate from college and get good jobs and careers. Of course, this is the employment model of income, and assumes that children are liabilities which keep us from our work and earning money. In the tribal model of income, children are assets in [...]
Nobody is perfect. Not inventors, not statesmen, not writers or publishers. Not philosophers, not theologians, not thinkers or doers of any sort. Life does not require perfection. If it did, we’d all be in trouble. Great writers don’t write things perfectly the first time (unless they’re Mozart). They are great writers because they do a [...]
This article ties off the loose ends of the last two articles about taxes. In A Penny Saved… I looked at the tax implications of acquisitional consumerism versus apparent poverty, and noted that the more money we use, the more it costs us to use it. There are costs associated with acquiring the money through [...]
I don’t like to be entirely one-dimensional, so I decided to follow up my last post with some contrarian thoughts. I want to clarify that I am not a tax accountant nor a tax lawyer. I’ve found information on the Internet that you could find. I don’t rely on it, and you shouldn’t. If I [...]
Benjamin Franklin is credited with the saying, “A penny saved is a penny earned.” While this was certainly true in Ben’s day, it is a gross understatement today. Let’s do some calculations. Examples will be based on economic conditions in the United States. The numbers can be adjusted for the country you live in. Suppose [...]