What is the human capacity to be lazy, fat, uneducated, homeless, smoker and whatever you want to be and to pay the price for it?

 It is freedom.

Freedom is the human capacity to be lazy, fat, uneducated, homeless, smoker  and whatever you want to be and to pay the price for it.

Why university is not a good investment

Why  university is not a good investment.


Two-thirds higher education of graduates now take out loans.

9.1% of borrowers in 2011 had defaulted on their federal student loans within two  years of graduating. 

3% of US GDP is spent  in higher education.

Coursera and Udacity are free.

Elites and bureaucrats are the middlemen in the transfer of resources from the tax payer to the poor

Elites and bureaucrats are the middlemen  in the transfer of resources from the tax payer to the poor and vulnerable and the cut that elites and bureaucrats are taking for their job is becoming bigger and bigger.

Liberty creates more inequality.

People vote indicates a belief, or a whim, but not a  choice.

Economic growth is needed to improve the well-being of the poor,  and economic growth means instability.

People who cannot govern their own lives cannot afford nothing unpredictable.

Liberty  creates more inequality.

Entitlements are becoming the modern social injustice.

The best economic indicators

The best economic indicators

The number of days in a week  the van of my neighbor is in his driveway.

The number of days the usual perfect used car that my neighbor put on sale for $2.000 stays in the his driveway.

The number of days the foreclosure for sale signs in my neighborhood stay in the yard.

Pushing for raising taxes and trying to avoid tax increase

At the Democratic National Convention, Costco
 co-founder and former CEO Jim Sinegal provided
 his endorsement of President Obama.

He also  pushed for raising
the top marginal rates in the federal income tax code.


Months later Jim Sinegal and the rest of the Costco
 board voted to give themselves a
special dividend to avoid Mr. Obama's looming
 tax increase.

Create theories out of practice through a trial and error proces

Create theories out of practice through  a trial and error process.
Create and destroy in order to grab  opportunities.
If you want to get something you must take risk.