Showing posts with label economics. Show all posts
Showing posts with label economics. Show all posts

Saturday, July 2, 2011

31 Year Old Video Clip--TRUTH!!!!!

31 Year Old Video Clip TRUTH!!!!!

This may be 31 years old, but it is so right-on for what we are battling every day! People are so caught up in political correctness that they don't have the brains to think things through!!!

Milton Friedman - Greed



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Uploaded by mearbhrach on Jul 14, 2007


In his book "Capitalism and Freedom" (1962) Milton Friedman (1912-2006) advocated minimizing the role of government in a free market as a means of creating political and social freedom.

An excerpt from an interview with Phil Donahue in 1979.

http://en.wikipedia.org/wiki/Milton_Friedman


Category: News & Politics

Tags:
economics
philosophy
politics
government
capitalism
socialism
communism
freedom
donahue

License: Standard YouTube License

Wednesday, July 29, 2009

The Professor is a Genius....REALLY WORTH READING very short

An economics professor at a local college made a statement that he had never failed a single student before, but had once failed an entire class.

--------------------------------------------

That class had insisted that Obama's socialism worked and that no one would be poor and no one would be rich, a great equalizer.


The professor then said, "OK, we will have an experiment in this class on Obama's plan".

All grades would be averaged and everyone would receive the same grade so no one would fail and no one would receive an A.

After the first test, the grades were averaged and everyone got a B. The students who studied hard were upset and the students who studied little were happy.

As the second test rolled around, the students who studied little had studied even less and the ones who studied hard decided they wanted a free ride too so they studied little.

The second test average was a D! No one was happy.

When the 3rd test rolled around, the average was an F.

The scores never increased as bickering, blame and name-calling all resulted in hard feelings and no one would study for the benefit of anyone else.

All failed, to their great surprise, and the professor told them that socialism would also ultimately fail because when the reward is great, the effort to succeed is great but when government takes all the reward away, no one will try or want to succeed.

Could not be any simpler than that.

(Please pass this on)