Kansas Progress Institute

Ad Astra Per Aspera ~ To the Stars Through Difficulties

Blog

  • There-Legged Stool Analogy

    June 13, 2016

    David Burress

    Time to trot out the three-legged stool analogy: cut of one leg and the stool falls. So each leg is 100% responsible for holding up the stool. In a like manner, the Orlando massacre depended on many factors. Fixing any one of them might have prevented or ameliorated it. 1. No guns, no massacre. 2. Guns only with tiny ...

  • Democratic Socialism

    June 9, 2016

    David Burress

    “Democratic socialism” strikes me as a considerably better-defined notion than “capitalism” . Nevertheless, I doubt if any critic who uses the term can give a definition acceptable to most supporters.   I also doubt if many supporters can give a historically accurate definition of the term. I think most of us can agree on some things it ...

  • “Free markets”

    June 9, 2016

    David Burress

    “Free markets” is another term I’m pretty sure almost know one knows what they mean when they use it.   Now I get what it isn’t: in the 20th Century there were failed experiments in many Communist countries where all major prices were determined by the central government as part of the annual plan or the 5 ...

  • Four Definitions of Capitalism

    June 7, 2016

    David Burress

    I’ve come to believe that almost no one who uses the term “capitalism” knows what exactly they are talking about. (Adam Smith for one apparently never used the term.) In general “capitalism” seems to refer to:   1. a distinctive institution, that 2. has something to do with successful businesspeople, mostly male, that 3. that arose in or around ...