Every time two people come together and trade, wealth is created.Out of thin air. By magic.
Every trade, every bit of work done by every human on the planet increases the complexity and order of the whole, and thus makes it more valuable.
This is a rich subject, one we will return to in a following chapter.
But for now, suffice it to say that if I, as a member of a hunter tribe, make great spears and crappy baskets, and you, as a gatherer, make beautiful baskets and miserable spears, then when we exchange my spear for your basket both of us walk away richer.
Every trade, every transaction, increases the total wealth -- for both parties.
Morning bump to anyone who wants to know what the President of the United States SHOULD sound like...post #11, folks. Very inspiring!
Firewall: What We Believe
Written and Presented by: Bill Whittle In this rich collection of video essays, commentator Bill Whittle moves beyond the day-to-day politics that seem to dominate news cycles, and explores the foundational beliefs of Tea Party Conservatism.From small government and distrust of elitism, to gun rights and immigration, Bill reveals the philosophical underpinnings that make America the most exceptional nation in the history of the world:
+ Small Government and Private Enterprise
+ Elitism
+ Wealth Creation
+ Natural Law
+ Immigration
+ Gun Rights
+ American Exceptionalism