Posts tagged profit
Posts tagged profit
The only way to break the cycle is to start searching for alternatives.
what’s a 401K?
(Source: , via iggymogo-deactivated20120925)
Things worse than cannabis #1: Margarine.
Margarine is the result of vegetable oil put through a hydrogenation process which creates a solid substance, in essence spreadable fat. While it has been marketed as a healthier butter substitute, margarine is so full of trans fats that even minimal consumption could increase your risk of heart disease.
The most harmful aspect of consuming margarine is chronic inflammation - linked to Rheumatoid arthritis, Scleroderma, Systemic lupus and of course heart disease. Chronic inflammation has dietary roots and could be triggered by any diet involving dairy products.
While consumption peaked in 1993, United States citizens nowadays eat about 2 billion pounds of margarine per year. The margarine and cooking oil industry legally sold $4.2 billion worth of buttery spreads in 2011 and not one customer was fined or imprisoned from consuming this harmful substance.
To quote my late hubby’s cardiologist, “That shit should be outlawed.”
How quickly could you sum up the principles of economics? While standing on one foot, Prof. Art Carden discusses the following economic principles in just over two minutes:
● Individuals strive to achieve their goals in the best ways possible.
● Every action has a cost.
● Incentives matter.
● Value is determined on the margin.
● Profits and losses help gauge value creation and destruction.
● Government interventions often have unintended and undesirable consequences.
Don’tcha just love irony?
If we want profits to signal value as determined by the people, we need to ensure that a free market system is in place so that the profit and loss mechanism appropriately rewards those who contribute value to society. The “occupiers” should consider turning their attention away from profit itself and toward unjust government subsidies that merely give the illusion of profits.