The search for profit and the avoidance of loss is the essence of the capitalist process. In a market economy, individuals and firms have incentives to discover products and services that consumers want and then produce them at the lowest cost. Profits become a signal of success and a reward for serving consumers efficiently. Contrariwise, when losses appear, they signal failure and inflict a penalty on firms for producing poor products or having bloated costs of production.Dom Armentano (Professor Emeritus at the University of Hartford CT) on Bailout Baloney
Jesus
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I have been reading Matthew’s gospel again. I am struck by how central
healing and deliverance from evil spirits was to his ministry.
Jesus went through...
6 days ago
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