God is a Capitalist

Showing posts with label human nature. Show all posts
Showing posts with label human nature. Show all posts

Friday, November 18, 2022

How the heresy of inherent human goodness created the heresy of socialism

 A few Democrats in California found themselves voting for Republicans for the first time in their lives this year as homelessness and crime soared. Violent crimes were up 60% in LA since 2019. Having to vote for a Republican was distressing and confusing. Why had the Democrat policies they had faith in for decades made life worse?

This is an article about economics, not crime, but economics is not only about markets and prices; economics is a social science and touches on many aspects of life. That’s why pastors should study it. Democrats in California were confused because the spike in crime damaged their most cherished belief in the goodness of humanity: people are born good and turn bad only because of oppression. The government can rid the country of oppression and return everyone to a state of innocence.

Thursday, November 30, 2017

Capitalism creates psychos according to professor

Socialists continually flail stuffed monster versions of capitalism they have sewn together from pieces of their fevered imaginations. Usually I just ignore them because their versions of reality are irrational and I don’t want to be the greater fool who debates with a fool. But a recent assault on capitalism caught my attention because it came from the University of Chicago, Hayek’s old haunt.

John Rollert, an adjunct assistant professor of behavioral science at Chicago Booth and in-house ethicist, wrote “The savage ethics of ‘American Psycho’” for the Booth School of Business blog. Now it’s hard enough to get the average US citizen to watch a You-Tube video on economics, let alone read a book. When they do, they often come across nonsense such as this from Rollert: