Friday, August 07, 2009

Two Must Reads

A recent post of mine over on the Blog at

Two Must Reads

Jim Fedako

B281_T.jpgIn his book, Capital and Production, Richard von Strigl clearly shows that an advanced economy exists due to two social funds: the subsistence fund and the renewal fund. Neither of which is the product of printing presses.

B406_T.jpgFor those wanting to show that redistribution (i.e. soaking the rich to benefit everyone else) is an impossibility, Bertrand de Jouvenel's book, The Ethics of Redistribution, contains an appendix with a sound refutation. Of course, times and places change. Regardless, to my knowledge, the bulge in the wealth distribution curve is always to the left.

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