Tag Archive: wealth creation

Feb
24

The Sixth Day

Commandment number 4 (3 in the Catholic and Lutheran tradition) of the famous Ten Commandment is commonly referred to as the commandment relating to taking a sabbath.  Exodus 20 8-11 provides the text of the commandment: “Remember the sabbath day to keep it holy.  Six days shalt thou labor and do all thy work; but …

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Permanent link to this article: http://new.wkubbtcenter.com/2012/02/24/the-sixth-day/

Oct
11

Occupied Territory: Wall Street or Welfare Street?

It is about time people started protesting 9% plus unemployment.  For that matter, it is good to see that people are concerned about insiders being able to use their government connections to line their pockets with taxpayer money.  Should banks which made really stupid loans only to be bailed out by taxpayers be protested?  Sure, …

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Permanent link to this article: http://new.wkubbtcenter.com/2011/10/11/occupied-territory-wall-street-or-welfare-street/

Mar
15

Production, not Consumption, Creates Wealth

Unlike manna that just falls from heaven, wealth has to be created. A tree can only be turned into a house by adding to it some mix of labor and capital. The same is true for oil under the North Sea – it can’t power my car until labor and capital are used to improve …

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Permanent link to this article: http://new.wkubbtcenter.com/2010/03/15/production-not-consumption-creates-wealth/