Published Tuesday, June 26, 2007 by Jim Fedako
As our political class prides itself on past, current, and future exploits, the masses pay for monuments that will one day tumble into the mud. Hubris is one human attribute that never goes wanting, and it increases with power and prestige. Wars and carnivals, or guns and butter, destroy the capital needed to keep society progressing. Either we learn our lessons from the Romans or we will be the archeological site of a subsequent generation. Trading Liberty, Freedom, and Property for a marble obelisk that will not weather the storms of the ages is no inheritance for our children, or our children's children.
(Original Text)
Economic Lessons Everywhere (1.87 MB)