The Price is Right: Or is it?

Many will remember Bob Barker and the Price is Right game show. Contestants had to guess the price of regular, every-day consumer items to win cash and prizes, the ultimate Grand Prize was very often a BRAND NEW CAR. Since I do not spend a great deal of time in … Read the rest

The lesson of Thanksgiving: private property is best

The lesson of Thanksgiving: private property is best.

 

The First Thanksgiving, painted by Jean Leon G...
Image via Wikipedia

If individuals can take from a common pot regardless of how much they put in, each person has an incentive to be a free-rider, to do as little as possible because what one fails to take

Read the rest