The Case for Capitalism, Part VI

Dan Mitchell's avatarInternational Liberty

I have shared five videos (Part I, Part II, Part III, Part IV, and Part V) that make the case for capitalism.

Here’s a sixth example.

The video notes that poverty was the natural condition for humanity (notwithstanding the economic illiteracy of Congresswoman Pressley).

But then, starting a couple of hundred years ago, capitalism gained a foothold and – for the first time in world history – there were nations with mass prosperity.

We learn about how various places became rich, including the United States, Hong Kong, and New Zealand.

The narrator also pointed out that Ireland experienced a period of dramatic market-driven growth.

Which gives me a good excuse to make the following comparison, which shows the dramatic divergence between Ireland and Greece beginning in the mid-1980s.

Why the stunning divergence (one of many examples I’ve collected)?

Ireland

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Elvis and the Colonel

Gallery

Happy Birthday Elvis

How did France Get Nukes?

Coconut

Sky gazing

https://www.facebook.com/groups/sciencehumor/permalink/4900811206648563/?sfnsn=mo&ref=share

THE EASYBEATS – Come And See Her (1966)

Australian Crawl – Downhearted (1980)

Why North Korea is the Hardest Country to Escape

Adopted kitten to mama cat: “You feed me, and I’ll give you a massage!”

Archie

January 7, 1536: Death of Catherine of Aragon, Queen of England

liamfoley63's avatarEuropean Royal History

Catherine of Aragon (December 16, 1485 – January 7, 1536) was Queen of England and Ireland as the first wife of King Henry VIII from their marriage on June 11, 1509 until their annulment on May 23, 1533. She was previously Princess of Wales as the wife of Henry’s elder brother, Arthur, Prince of Wales.

Infanta Catherine was born at the Archbishop’s Palace of Alcalá de Henares near Madrid, on the early hours of December 16, 1485. She was the youngest surviving child of King Fernando II of Aragon and Queen Isabella I of Castile. Catherine was quite short in stature with long red hair, wide blue eyes, a round face, and a fair complexion.

She was descended, on her maternal side, from the House of Lancaster, an English royal house; her great-grandmother Catherine of Lancaster, after whom she was named, and her great-great-grandmother Philippa of Lancaster were both daughters…

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Which Nations Do Best at Providing Rule of Law…and Why It Matters

Dan Mitchell's avatarInternational Liberty

Back in 2014, I shared a video explaining why the “rule of law” is important for a just and free society.

Here’s another video on the same point.

When I discuss rule of law (generally when explaining the various components that are used to calculate rankings of economic freedom), I often use a shortcut definition – namely that rule of law exists when government officials don’t have arbitrary power.

In other words, rule of law is present when even politicians and bureaucrats have to adhere to laws and rules.

Where is the rule of law strongest?

According to the World Justice Project, Scandinavian nations are at the top, led by Denmark.

Other European nations – and European offshoot nations – dominate the rankings (there is a benefit to Western Civilization).

A handful of East Asian jurisdictions also get good scores.

And you’ll notice I had to include…

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The Future of the Title Duke of Edinburgh

liamfoley63's avatarEuropean Royal History

There is a lot of misinformation out there and I find this to be the case when it comes to European Royalty.

I’ll admit I’m a bit of stickler for correct historical information, especially when it comes to the usage of titles, their history and how they are written in both news media and social media.

I have an account on Twitter for this blog and that is where I run into a great deal of misinformation.

With titles I think people just call the royals whatever they want and are making up their own rules. I also have received much criticism on Twitter for my stance on proper use of titles and clearing up misinformation.

It makes me wonder where the limits and boundaries are? Should we say screw all the rules and just call them what you want?

Recently the topic of the title of Duke of Edinburgh…

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