Government Regulation and Action

I was thinking resistantly about regulation. what is the proper amount of regulation in hard economic times? I know that most people are probably asking this question a lot lately, but when is regulation it "necessary"? Freedmen thought that the great depression was a result of bad Federal reserve policy. Keyness Thought somehow their was not enough aggregate demand in the economy. And Shumpeter believed their were cycles in the economy that lead to ups and down in the economy according to the level of innovation and demand, he called it "creative destruction". So what causes change? Action. what influences action? Knowledge. And how do we get useful knowledge? Research and augmentation. So what do you think? challenge one of this ideas. What will influence your actions?

Economic Theory

I was recently listening to some of my lectures about economics that i have on my Ipod and herd something very interesting. Joseph Shrumpeter an economist during the early twentieth century wrote that capitalism is ultimately doomed for this reason. That capitalism will give you 2 or 3% GDP growth rate and that over that next 50 years may be able to double the standard of living, the problem is that in a time of depression people don't care what is going to happen in fifty years. The more a society wants things now the more they will tend to shift away from the long run.
I am not saying that i ager or disagree with Joseph. I want to know what you think and why? is capitalism doomed?

So, why is this blog titled "Freedom, Slavery and in Between"? right now i am working on a power point about freedom and would like to iron out some of the questions i have regarding the nature of freedom. For example, why is the USA considered the most free country in the world? What in it's most basic for is freedom? And how is that explicable for today? Well i recently looked up the definition of freedom and found it very interesting. Websters 1828 had a very interesting definition for freedom. Freedom as it relates to Government: not enslaved; not in a state of vassalage or dependence. Freedom: A state of exemption from the power or control of another; liberty; Freedom is personal, civil, political, and religious. In the first definition we see that freedom relating to government means that we are not enslaved, or vassalage. A vassal back in the day of nights a kings was someone who was a tenant and worked their lords land. They had to go to battle if the lord wanted them. Essentially, they were slaves not in name but action to their lord. I haft to go now. More will come later.

Our Trip to TX

On the drive here we went threw a town and on the sign it read, "Population 242" I had to laugh. After the first day of the conference Matt took me and Chad to a small seafood place that did not look like much. But once we got are food it became clear just why this restaurant got a five star rating. The food was amazing, we all paced are plats around and all of them were very good. Tomorrow we have a 8 hour drive to Memphis that will be a lot of fun. :-) Matt says that if we do good on sales he will take us to get ribs, yeah!! Chad's grandparents are a lot of fun. We started talking about how brownies were like road kill. lol I cant on for a day or too so sorry if i don't say anything.

Our Trip to TX

We just went to a great burger place. had some of the best burgers that i have ever tasted. TX is a great place. The people here are true Southerners. :-D I have yet to drink their tea, but most likely it will be AMAZING.

Our Trip to TX

i, have been on this trip for almost 5 days now. after the long drive we made it to Houston. While at the conference we did very well and after the first day Matt took me a Chad to a nice seafood place. It did not look like much but it had amazing food. (more will come latter)