by Chris Banescu –
Our brains are not designed to be constantly flooded and overloaded with information. Our brains are not engineered for continual stimulation. Our brains are not meant to be constantly distracted. Unfortunately, modern technologies, applications, and platforms using globally connected networks instantly deliver to us nearly-infinite choices and opportunities to continually stimulate, entertain, distract, and addict us. [Read more…]
Videos
Corporations Condition People to Submit to Tyranny – Chris Banescu EpochTV Interview
I was recently interviewed by Siyamak Khorrami, host of the California Insider show that’s broadcast on EpochTV. We discussed the outrageous manner in which executives abuse employees, disregard free-market capitalistic principles, destroy lives and economic value, and condition people to submit to tyranny.
The California Insider program showcases leaders and professionals across California with inside information about trending topics and critical issues. [Read more…]
Changing Education Paradigms
In this talk from RSA Animate, Sir Ken Robinson lays out the link between 3 troubling trends: rising drop-out rates, schools’ dwindling stake in the arts, and ADHD. An important, timely talk for parents and teachers.
Creativity expert Sir Ken Robinson challenges the way we’re educating our children. He champions a radical rethink of our school systems, to cultivate creativity and acknowledge multiple types of intelligence.
The animation in the video below is very good and illustrates his points well. The transcript of his lecture is also include underneath the video. [Read more…]
Government Spending Does Not Create Economic Growth
If you knew a dollar invested in something would wind up losing more than a dollar, would you consider that a good investment?
The government does just that when it starts spending taxpayer dollars or borrowed money which future generations must pay back with interest. In the video below Professor Antony Davies of Duquesne University explains the unseen costs of government spending and the best way to stimulate the economy: the private sector.
Professor Antony Davies explains:
“There’s a misconception that when the government spends money it creates jobs. … What we’re forgetting is that the money doesn’t fall from space. The government obtains the money by taxing or borrowing. And when it does those things jobs are destroyed.
So at the end of the day the government isn’t creating jobs, it’s moving jobs. Jobs leave where the government taxes and borrows and appear where the government spends.” [Read more…]
Simplifying the Tax Code
Paying taxes can be tough — it’s complex, convoluted, time consuming, and often very frustrating. The US Tax Code has become a monstrosity that destroys competitiveness and productivity. It must be radically simplified!
In this video Randall Holcombe, Professor of Economics, explains how we can simplify the tax code by eliminating loopholes for special interests and lowering tax rates and how this helps improve economic growth and promotes wealth creation. [Read more…]
No Excuses – Motivation and Hard Work Make Dreams Into Realities
by Chris Banescu –
What is your goal in life? What is your dream?
A dream must be acted upon to have any chance of success. It can only be achieved if we have the passion, motivation, discipline, and determination to pursue it with our whole heart and mind. Our dream must have our full focus, attention, and energy. We must be willing and able to do the hard work necessary to make it become a reality. Just like a “faith without works is dead,” a dream without works and sacrifices is just a fantasy, a delusion.
Don’t let your fears stand in the way of your dreams. It is better to have tried and failed than to never have tried at all. Regret is worse than failure! [Read more…]
Michael O’Leary on Ryanair Success and EU Incompetence
by Lachlan Markay –
Innovation and market disruption can be powerful forces for economic growth. But government involvement in the market tends to be a force against disruption, and hence a force against innovation. The drive to protect the dominant companies – often justified in the name of job preservation — prevents success for companies that offer better, cheaper, or different products or services.
The European Union received a frank lesson in these economic truths when it brought Ryanair CEO Michael O’Leary to speak at its recent innovation convention. In a rousing and thoroughly entertaining speech and subsequent Q&A, O’Leary roasted the European Commission’s attempts to protect Europe’s major airlines, often at the expense of innovation in the industry.
“This is the first time I think that I or Ryanair have ever been invited to a conference by the European Union,” O’Leary jibed, “because as most of you know, the European Union spends most of its time either suing me, torturing me, criticizing me, or condemning me for lowering the cost of air travel all over Europe.” [Read more…]