Most of all, don’t believe your own B.S. Your mind might create illogical conclusions based upon illogical assumptions. It happens subconsciously. It’s outside of your awareness–but not outside of your control. That which you can identify and change is always, … Continue reading
Q: Dr. Hurd, isn’t the collapse of capitalism, as we know it, and the emergence of all-out socialism in the U.S., a failure of the free-market individualist moment? A: No. If unrestrained, unhampered capitalism and individual rights were ever given … Continue reading
A journalist wrote me the following: “I always say both Democrats and Republicans want to transfer wealth. Democrats want to take from the rich and give to the poor. Republicans want to take from the poor and give to the … Continue reading
So let me get all this straight. Letting an industry go bankrupt will have catastrophic consequences for every single person in society. It will be the end of our economy. Bankrupting the government by forcing taxpayers to subsidize $700 … Continue reading
“Talent is cheaper than table salt. What separates the talented individual from the successful one is a lot of hard work.” — Stephen King
Q: Sometimes I’m jealous of those who have a steadfast passion for a concrete professional goal or at least a general career, and don’t get too obsessed with all the possibilities their choices have excluded. A: The presence of a … Continue reading
I don’t understand why the lesson of the recent financial meltdown is that “we must return to regulation.” The regulatory infrastructure we have today has been in place since the 1930s New Deal — and before. This infrastructure was supposed … Continue reading
We’re being told by Joe Biden and Barack Obama that it’s our “patriotic duty” to pay taxes. Evaded in this statement are two things. One, how does an alleged patriotic duty to pay taxes justify a patriotic duty to pay … Continue reading
The key issue with respect to anxiety is: ‘Am I willing to surrender to what I cannot control—while redoubling my efforts to take charge of what I can control?’ People tend to feel severe anxiety as they get more caught … Continue reading
If it’s true that errors result in new knowledge, then yesterday’s error is today’s — and tomorrow’s — triumph.
In the wake of the latest financial disaster, the government plans to “step in” and get things regulated. Hello? The government already did that–way back when the Federal Reserve was created (early 20th Century) and when the New Deal was … Continue reading
If capitalism is so evil, then why are some of its strongest opponents so rich? For example: Oprah; Barbara Streisand; George Clooney; Bill Gates; Warren Buffet; Bill and Hillary Clinton; Al and Tipper Gore; and so on? Capitalism clearly refers … Continue reading