Monday, November 28, 2016
Monday, November 14, 2016
Tuxedo Park: A Great Book about a Great Man
I just finished reading the Ayn Rand Bookstore biography: Tuxedo Park, by Jennet Conant. The book is about the Wall Street tycoon turned scientist, Alfred Loomis, who created a world class research facility out of his estate in Tuxedo Park, New York.Loomis hosted talented and famous scientists to come to his place and do research in a philanthropic, high-class environment. Having distinguished himself in World War I, through his innovative, technological talent, and by observing military events, Loomis understood the dynamics of science and politics involved in conducting a war.
Back on Wall Street, Alfred Loomis predicted the 1929 crash and sold his stock before it happened--thus preserving his wealth with the ability to get back in when the market hit bottom. However, Loomis's greatest achievements were yet to come. As an amateur scientist, he poured more and more money into his home run lab experiments--becoming a leading expert in the fields of radio waves and microwaves that were newly detected by physicists. At the same time, the field of nuclear physics piqued the interest of Loomis; and he personally financed the building of cyclotrons to study small matter.
As the likelihood of America being involved in World War II approached, Loomis was instrumental in bringing together: scientists, funding and political support for preparation of the inevitable. With Britain nearly on its knees due to the German bombing, Loomis focused on developing better radar technology which eventually got so good that he can personally be credited with having helped win the war in Europe. On the other front, Loomis's: early cyclotron funding, scientific knowledge, and advocacy and guidance of political connections made him a major contributor to building the atomic bomb that defeated the Japanese.
Read Tuxedo Park to follow the life of a great man who: made money, spent money, and studied science because he enjoyed doing it.
Paul Wharton
Objectivist Capitalist Medicine Promoter
Wednesday, November 9, 2016
Repeal and then Laissez-Faire
Obamacare has been a disaster. So many politicians have spoken out against it that it will easily be repealed. But, what about those who have run on the platform: Repeal and Replace? The "Replace" part is what I want to address in this blog. Replace could mean many things. Will it be: a laissez-faire free market, Medicaid and Medicare as it was prior to Obamacare, or, a half-hearted, attempt at Capitalism--but then a drift back towards Obamacare again?Medicine is a market that tries to save human life. The more medicine one buys, the longer one can usually live. However, the reality is that eventually each individual will die. Another truth of reality is that one day one's own money will not be able to keep one alive. So, when that day of reckoning comes, when an individual cannot preserve one's own life, what will happen? Will government take from producers to give the accepting parasite a way?
Besides the fundamental, human reality, there is also a consequential, systemic one. If a political system does go the Medicaid and Medicare route, the more money it takes from producers, the worse the problem gets. Since, generally, the longer a parasite lives, the more the producer drain, there is no resolution in sight, other than to remove the government socialism and let the dependent die.
Due to the two truths of reality: human mortality and private economic limits, I believe that socialized medicine is bad business.
Along with my conviction that Capitalism is the moral system--where the Producers get to keep their Property and Constitutionally law-abiding Individuals have their Liberty respected by government--I support a system of Capitalist Medicine that operates according to the principles of Laissez-Faire.
Paul Wharton
Objectivist Capitalist Medicine Promoter
Friday, November 4, 2016
An Election is a Popularity Contest
An election is basically a popularity contest. In the coming Presidential election, one of the best ways to predict who is ahead is to gauge the size of the crowds at the contenders' events. Donald Trump's crowds are usually more than ten times bigger than the scattered events thrown by Shrillary Clinton.So how are we hearing these reports that the election is neck and neck with maybe only a slight Trump lead?
Americans have to understand the nature of the mainstream media. When one hears the results of a poll it should be asked if it is a mainstream media conducted poll. There are so many ways to skew a poll that if the source is corrupt, (such as CNN), the poll should be summarily dismissed.
I think that the democrat spinsters' motive to misportray Trump's popularity is to set up voter fraud. If it is expected that it is a close race, then the illegal and repeat votes won't be questioned.
Paul Wharton
Objectivist Capitalist Medicine Promoter
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