Thursday, March 15, 2012

Miscellaneous notes (updated)

This is a general outline of a set of ideas to note for future posts
  1. Water and energy are the basis for economic prosperity
  2. The Emperor Tiberius of the old Roman Empire and how we can repeat his mistake if we really try
  3. Diamandis and the X Prizes
  4. Why the Soviet Union fell:  "US President Reagan also actively hindered the Soviet Union's ability to sell natural gas to Europe whilst simultaneously actively working to keep gas prices low, which kept the price of Soviet oil low and further starved the Soviet Union of foreign capital."
  5. How Romney is like Tiberius and how Gingrich is like Diamandis
  6. "Job Growth" v Economic growth
  7. Why higher taxes are not the answer:  Economic growth means that the economy is not a zero sum game.
  8. Why "spreading the wealth" will insure poverty-- In short, if you destroy incentive, you also destroy wealth creation.
  9. Why the rich have too much influence and why that is bad--- Quote from Roger Ebert follows.  I'm using it because I am of the opinion that Michael Moore said it himself.  The article that the quote comes from is about Michael Moore.
  10. Ebert: Yeah, they all think they're going to leave a big estate, and they love Bush's theories because they all think they're going to get rich someday. But the fact is, most people are not going to be rich someday.   
    Comment upon this quote:  According to Diamandis, even the poor are richer than the very rich of ancient times.  Progress is not automatic.  It must come from incentives.  If you take that away, progress will end.  Bread and circuses didn't work for Rome, they won't work now. 

I'll stop here for now. Don't know when I'll get back to these ideas, but at least they are out there. Food for thought for those who think.

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