Thursday, July 5, 2012

iPhones and Wealth Creation

Long time no post. Busy defending health care freedom via my work with The Black Ribbon Project, Docs4PatientCare and Doc Squads.

However, when I read the post linked below, I remembered with fondness my mission at Wealth is Not the Problem and wanted to share with you another example of just why wealth is not the problem but the solution. Add up the cost of all those devices you no longer need to purchase...and think of the saved resources which are now free to devote to ohter uses. Voila! More wealth!

The Miracle that Is the iPhone (or How Capitalism Can Be Good for the Environment)
 They call this process “dematerialization.” By dematerialization, they mean declining consumption of energy or goods per unit of GDP. In a 2008 article in the Proceedings of the National Academy of Sciences, Ausubel and Waggoner, using data from 1980 to 2005, show that the world is on a dematerialization binge, wringing ever more value from less material.
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I plan on sending in to the author a very cool addition to their graphic: a glucometer that allows diabetics to measure their blood glucose and phone the result directly to their doctor. All sorts of time and materials can be save with this.

More can be less.

Thursday, December 22, 2011

The Problem with Democracy

It's why we need to scrupulously limit government to the protection of non-contradictory individual rights.

"If it be admitted that a man, possessing absolute power, may misuse that power by wronging his adversaries, why should a majority not be liable to the same reproach? Men are not apt to change their character by agglomeration; nor does their patience in the presence of obstacles increase with the consciousness of their strength. And for these reasons I can never willingly invest any number of my fellow creatures with that unlimited authority which I should refuse to any one of them."

-- Alexis de Tocqueville (1805-1859) French historian


HT Liberty Quotes

Wednesday, December 21, 2011

Friedman: How Wealth Works

Friday, November 25, 2011