Thoughts on Life, the Universe, and Everything

If you want to be wealthy, spend less and invest more

Published by on Jan 5, 2017

Contrary to the claims of many progressives and socialists, wealth is not created primarily through labor; rather it is created through taking risks and having a willingness to delay gratification. Yes, labor can create some wealth by converting and combining lesser valued goods into more valued goods, but most labor is simply traded—it doesn't actually create much wealth. … Read this article

Reality: Goods and Services aren’t Free

Published by on Dec 18, 2016

Goods and services aren't free because they involve scarce resources. If you want heat, food, shelter, clothing, transportation, internet, and all the other things that make life comfortable and fun, you either have to make them yourself—chop wood and build a fire, dig a well, forage for food, etc.—or you have to trade for them using the goods and services you prefer to produce and/or you are better at producing. … Read this article