Political Democracy in America, a new chapter, added June 21, 2012

On June 21, 2012 there has been added to the website, Capitalism: The Liberal Revolution, a new chapter entitled “Political Democracy in America.” The link to this new chapter is  https://www.capitalismtheliberalrevolution.com/chapter/political-democracy-in-america/ Continue reading

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The Futility of Higher Taxes on High Incomes

Buffett Rule Tax Increase Would Not Put a Dent In U.S. Debt and Deficits

A currently debated idea of the incumbent President of the United States of America is to  impose a 30% income tax on all income of individuals with $1 million or more of taxable income in a year. This proposal, known as “the Buffett Rule,” is based on ideas espoused by multi-billionaire Warren Buffett, whose proposal was previously described in an entry in this blog dated August 25, 2011. Continue reading

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Building a defense that defends

Thoughts on building a defense that actually defends, on this tenth anniversary of the successful terrorist attacks of September 11, 2001 (9/11)

The most successful defense is one that makes it unnecessary to strike back at an enemy, because the enemy is either unable to mount a successful attack, or is deterred from doing so. Continue reading

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Taxing the “Super-Rich”

Master investor Warren Buffett published an Op-Ed essay in the New York Times of August 15, 2011, entitled “Stop Coddling the Super-Rich.” Buffett said that his income tax rates are lower than tax rates on the other 20 people in his office. Buffett overlooked the fact that 99% of his wealth is invested in his company, Berkshire Hathaway, where corporate income is taxed at a rate about twice as high as Buffett’s personal tax rate and about as high as individual tax rates on Berkshire’s office staff. Buffett advocated significant tax rate increases on the “Super-Rich,” a group that he says includes 236,000 Americans generating $1 million or more of annual income. Continue reading

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Health Care Added to Chapter “Replacements for the Political State”

Today we have added an essay on health care to the chapter of the book entitled “Replacements for the Political State.”

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Famine — Its Source in War and Politics

While famine can be caused by extremely adverse climatic conditions, the most severe examples over the past century have been man-made via coercive politics and warfare. Sources for statements below are provided at the end of this post. Continue reading

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Book Continual Editing

Taking advantage of the unique characteristics of Internet publishing, we have already made editorial changes in the Book section of this site, and expect to do so in the future. If you have already read portions of the book, they may have been expanded since your last visit to the site.

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A Few Recent News Items and Observations on the High Cost of State and Local Government

HOW EVEN SMALL-TIME POLITICIANS TAKE ADVANTAGE OF TAXPAYERS: TO BE A CITY EMPLOYEE OR AN ELECTED OFFICIAL IS BLESSED—because you may receive extraordinary health insurance benefits. Continue reading

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Happy Birthday America!

July 4th is our favorite holiday, as it marks the largest step forward so far in the advance of human freedom. Continue reading

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The Decline and Fall of The Modern Welfare State

The problems of Greece have been much in the news of late. Because such problems are not unique to Greece, we prepared the following last year as an article for another publication we issue quarterly. Continue reading

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Announcing Capitalism the Liberal Revolution

This website will publish a version of the work of Andrew J. Galambos (1924-1997). Mr. Galambos lectured on science and freedom in the greater Los Angeles area from 1961 until 1984. Continue reading

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