#^Free Enterprise and The Loss Mechanism

Milton Friedman makes a sharp observation: we talk endlessly about profits, but losses are what make free enterprise work. Markets force failed ventures to close. Government? It rewards failure with expansion. Friedman argues the loss mechanism—not the profit incentive—is what makes markets work.


#video #free_markets
#^Government in the Boardroom: Trump’s Deals Give Him Control of "the Means of Production"



President Trump brags about his latest deals with Intel, Pfizer, NVIDIA, Nippon… BUT:

"You've created this precedent of government being a senior partner sitting in the boardroom," warns economist @danieljmitchell.

What if AOC or Gavin Newsom is the next President?
#video #free_markets
#^Breaking Our Slavery To The Industrial Food Complex | Joel Salatin



Today, you're in for a real treat folks.

We welcome back to the program one of my all-time favorite humans, Joel Salatin.

Named "the most famous farmer in America", Joel has spent his career advocating for sustainable farming practices, and pioneering models that show how food can be grown & raised in ways that:

are regenerative to our topsoils
are more humane to livestock
produce much healthier, tastier food
contribute profitably to the local economy

Who wouldn't want that?

Well, the government and Big Ag for starters.

Joel refers to himself a "lunatic farmer" because so many of the changes he thinks our food systems need are either illegal under current law or mightily resisted by the deep-pocketed corporations controlling production and distribution.

But that doesn't stop him from his passion of inspiring others to take a better path. He co-owns and operates, with his family, Polyface Farm in Swoope, Virginia. Featured in the New York Times bestseller Omnivore’s Dilemma and award-winning documentary Food Inc., the farm services more than 5,000 families, 50 restaurants, 10 retail outlets, and a farmers’ market with produce and pastured beef, pork, poultry, as well as forestry products. On the farm, Joel and his staff pilot new practices, mentor young farmers, educate the public, and produce an excellent set of workshops for those looking to truly 'get their hands dirty' learning how to farm sustainably.

He's a true hero to many, including me. And I predict he'll be one of yours, too, by the end of this discussion.

For a very important look into the failures & promise of our nation’s food system, watch this video

#video #free_markets #health #regulation

@sundogplanets

Congrats on your publication! 👍

"...we need *fewer* satellites, each with *longer* operational lifetimes. Engineers: that's your challenge."

Seems to me that it could also be a #governance challenge. The #Space near #Earth is basically a village green. Putting junk up there willy-nilly could be considered a form of #pollution. We know that pollution CANNOT be controlled by #free_markets.

Just sayin'...🤷‍♂️

Edit: Above responding to your TLDR. Reading deeper you end with...

"Without far-reaching, international #regulation or self-imposed limits from satellite companies, current practices in LEO threaten the planet, and our ability to explore beyond it."

Agreed!

#^deregulating barn raising fixes this



disaster recovery is when you need free markets most of all
LA is really in for it. the free markets to pull in the huge resources needed for rapid recovery by offering high compensation are unlikely to emerge. every one of these little regulo-fiefdoms will start trying to assert itself again the minute the cameras turn off. ask maui.

i wish i had better news, but this looks like this is going to be a charlie foxtrot for the ages.
#free_markets #regulation
deregulating barn raising fixes this

disaster recovery is when you need free markets most of all

bad cattitude
#^How PRICE CONTROLS Leads to Big Government



The road to communism is paved with good intentions, and price controls illustrate it perfectly. See how and why in this video, where you’ll learn the 7 fallout effects of one particular kind of price control: rent control.
#video #economics #free_markets
How PRICE CONTROLS Leads to Big Government

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#^Whole Foods’ John Mackey: We must change how we think about capitalism | Reason Interview



Today's guest is John Mackey, the co-founder and former CEO of Whole Foods, who just released his memoir, The Whole Story: Adventures in Love, Life, and Capitalism. As befits the entrepreneur who revolutionized grocery shopping from a grim, pragmatic necessity into an exciting, multi-sensory adventure, Mackey's story is far from conventional and we talk frankly about the failures, successes, and psychedelics he encountered while reshaping how Americans think about food, fitness, and free enterprise. We also discuss Love.Life, the chain of holistic health and wellness clubs he's opening this summer.
#video #free_markets
Whole Foods’ John Mackey: We must change how we think about capitalism | Reason Interview

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