Liberty is an inherently offensive lifestyle. Living in a free society guarantees that each one of us will see our most cherished principles and beliefs questioned and in some cases mocked. That psychic discomfort is the price we pay for basic civic peace. It's worth it. It's a pragmatic principle. Defend everyone else's rights, because if you don't there is no one to defend yours. -- MaxedOutMama

I don't just want gun rights... I want individual liberty, a culture of self-reliance....I want the whole bloody thing. -- Kim du Toit

The most glaring example of the cognitive dissonance on the left is the concept that human beings are inherently good, yet at the same time cannot be trusted with any kind of weapon, unless the magic fairy dust of government authority gets sprinkled upon them.-- Moshe Ben-David

The cult of the left believes that it is engaged in a great apocalyptic battle with corporations and industrialists for the ownership of the unthinking masses. Its acolytes see themselves as the individuals who have been "liberated" to think for themselves. They make choices. You however are just a member of the unthinking masses. You are not really a person, but only respond to the agendas of your corporate overlords. If you eat too much, it's because corporations make you eat. If you kill, it's because corporations encourage you to buy guns. You are not an individual. You are a social problem. -- Sultan Knish

All politics in this country now is just dress rehearsal for civil war. -- Billy Beck

Monday, May 21, 2012

Quote of the Day - Confidence Edition

From Captain Capitalism:
If you recall high school economics or college freshman economics (both were the same, colleges just made you pay extra to re-learn what you did in high school) there were "The Factors of Production."

These factors were essentially the ingredients you needed in order for a business or an individual to "produce" something. There were originally three of them.

Land - you can produce nothing without at minimum some kind of office space.
Labor - the machines will not only not take over the world, they'll just sit there unless a human spends his or her time running them.
Capital - Nobody is doing nothing until they get paid. And that includes the people who produce the tools and machines you'll need to get started.

A fourth one was entered as they realized even with the above three, nothing would get produced. You needed a leader. An innovator. A man with the plan.

The entrepreneur.

Since there it was commonly accepted that there are three original, but most likely four real factors of production.

However, I would like to tender a fifth.

I'm doing this not to make things more complicated or to somehow be enshrined in the Economics Hall of Fame, but because our economy today practically proves there is a fifth and final factor of production that is required to produce, but is not accounted for in the current list. That fifth component is:

A future.

And then read my February 2009 post, Confidence.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.