Free To Choose - Milton Friedman
The entire Free To Choose series video.
Showing posts tagged money
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Our profits are being hampered by the civilians’ rights. It is not fair. In all fairness, we demand that torture should be allowed preemptively to find suspects or people that we find interesting, or because it can boost our profit. Also, we demand the right to detain civilians at will and indefinitely, because we could charge Uncle Sam for that too, boosting our profits even further.
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The union is like having herpes. It doesn’t kill you, but it’s unpleasant and inconvenient, and it stops a lot of people from becoming your lover.
John Mackey, CEO of Whole Foods.
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We can create a poverty-free world if we design our system to take out its gross flaws which create poverty. We can create a world in which the only place you would be able to see poverty is in poverty museums. Someday, school children will be taken to visit these poverty museums. They will be horrified to see the misery and indignity that innumerable people had to go through for no fault of their own. They will blame their ancestors for tolerating this inhuman condition for so long—-and rightly so.
Private sector vs government
(src: reddit)
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I could end the deficit in 5 minutes. You just pass a law that says that anytime there is a deficit of more than 3% of GDP all sitting members of congress are ineligible for reelection
Laws like this……
Policy dispute leads Google to disable Android app sales in Taiwan
A consumer protection law in Taiwan requires Internet software retailers to offer potential customers a week-long free trial of any application that can be purchased via download. According to the government of Taiwan, Apple’s App Store and Google’s Android Market both fell afoul of the policy.
If the same were applied to physical things such as cars, buildings or consumer electronics, we would have no progress. Week-long free trial for cars or clothes would be ridiculous.
p/s: am not against free trials, but against the use of force.
Short logic: Groupon IPO: Pass on this deal
Jyo's Note: Former Google VP Kai-Fu Lee Got a Nickname, Start-Copy Lee
The story
Beijing, China-based startup, DianDian, has recently raised $10 million from big names like Sequoia and Ceyuan. With more than $1 million capital it seized from Kai-Fu Lee’s Innovation Works in Feburay, DianDian has raised a total of $11 million or more in just several months.
You might wonder what kind of service DianDian provides. Actually it is a
