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

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 …

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Poverty versus Prosperity

No amount of government spending will ever “eliminate poverty” because poverty is not actually caused by a lack of money; it’s caused by a lack of ambition and productivity. There are some exceptions, of course, but in the vast majority of cases, poverty is a choice. I’m not discounting the often significant obstacles which can …