Conservative, Milton Friedman, Uncategorized

Is Daniel Hannan the next Friedman?

Daniel Hannan declares to Gordon Brown, “you are the devalued Prime Minister of a devalued Government.” He said, “you have run our of our money…you can not spend your self out of recession or borrow your way out of debt…”
Daniel Hannan is a Conservative MEP for the South East of England and author of The Plan: Twelve Months to Renew Britain. He espouses ideas of Milton Friedman regarding spending and fiscal responsibility.

Daniel Hannan was first elected to the European Parliament in 1999, and was re-elected at the top of his party’s list for the South East England constituency in 2004. In April 2008, Daniel Hannan was elected to the top position of the Conservative list for the 2009 European elections in the constituency of South East England, making it almost certain that he will be re-elected to the Parliament in 2009. 

Visit his Daniel Hannan’s Blog

Capitalism and Freedom, Conservative, Republican, Uncategorized

Friedman would never ‘Fire Forigners First’

Iowa Republican Senator Chuck Grassley urged US companies to fire foreign workers first. That attitude embodies everything that is wrong with the thinking in Washington. Milton Friedman surely would agree that companies need to decide for themselves what employees should be laid off.

Fire Foreigners First is just the opposite medicine the economy needs. Who will take responsibility, Senator, when companies begin to fail because they lose crucial talent required for the company to continue with critical company operational initiatives? How many more companies would a policy like Firing Foreigners First cause to lose market share or worse fail?

Freedom to choose productive work knows no boundary in today’s multinational world. Ordering Microsoft, Texas Instruments,  or Caterpillar, who all recently announced major job layoffs, to Fire Foreigners First is saying you cannot use resources from foreign sources.  Capitol, equipment AND human resources should be free traded and free of excessive regulation.

Companies like Microsoft need to hire professionals from other countries in certain fields because there is a shortage of qualified Americans to meet the needs. Microsoft last year had petitioned Congress for more H-1B visas specifically to hire engineer programmers. About 60,000 professionals are currently needed in the US to fill high tech jobs. 

Grassley said, “My point is that during a layoff, companies should not be retaining H-1B or other work visa program employees over qualified American workers.”

A spokesperson from Microsoft said what Milton Friedman would say. He said,  “We care about all our employees, so we are providing services and support to try to help every affected worker, whether they are US workers or foreign nationals working in this country on a visa.” 

Senator Grassley, I urge you to be a free trade conservative and move much more to the right. Let companies be free to choose which resources will help maximize profits, jobs and the overall health of the company.

Capitalism and Freedom, Conservative, Free Markets, Milton Friedman, Uncategorized

Ask what you can do for your family

We all know what Kennedy said and he had it wrong. We are not slaves to our country. I say don’t ask what you can do for your country, ask what you can do for your family.

In his book, Capitalism and Freedom, Friedman makes his central argument by disagreeing with the Presidential Inaugural speech of John F. Kennedy where he said, “Ask not, what your country can do for you – ask what you can do for your country.” 

Milton argues that the country should be neither a  patron of our services nor should the country be the master of our being.

Milton states, “To the free man, the country is the collection of individuals who compose it, not something over and above them. He is proud of a common heritage and loyal to the common traditions. But he regards government as a means, an instrumentality, neither a granter of favors and gifts, nor a master or god to be blindly worshiped and served. “

Economic freedom frees the individual to pursue any means of economic prosperity. Every tax is a repression of that freedom. Every regulation and every permit required to work is a cost that has to be burdened by the most important economic unit, the family. 

Nearly everything the government does outside its constitutional responsibility, hurts the standard of living for families.  Let’s reduce government pain to stop hurting and start helping  our families.

Capitalism and Freedom, Conservative, Free Markets, Milton Friedman, Republican, Uncategorized

Milton Friedman on Greed

Talk show host, Phil Donahue sees “capitalism greed” as bad. Milton Friedman disagrees. Friedman gives a great lecture about greed in all political ideologies. Is there no greed in the Soviet Union? China? Is there no greed in the socialist system? Are there greedy communists?

“The record of human history is crystal clear. There is no alternative way, so far discovered, of improving the lot of ordinary people that can hold a candle to the productive activities that are unleashed by a free enterprise system.”

Donahue retorts, “where is the virtue?”

Freedman rightly lectures, “You know I think you are taking a lot of things for granted. Just tell me where in the world you find these angels who are going to organize society for us.” 

Throughout the history of mankind, capitalism is the standout, top of the heap, A number 1, greatest provider of personal freedom that any other political system. All other systems repress. Capitalism leads to far greater freedoms for far more people.

Greed exists in every political system. Greed is greater in socialist and communist systems because of corruption inherent in the system. Governments are by nature greedy. Greedy to grow in size with no incentive to cut costs. Cutting costs means a smaller budget. Spending is the life blood of all social programs. So no government program, once started, will ever cease to exist.

Greed by reducing government puts more money in peoples hands so they are free to choose how to spend it.