Could a planned economy, where the government determines who has how much wealth and what wages and prices ought to be, ever succeed? To answer this question, we need to consider what wealth is and where it comes from.

Whenever government takes from one class of people in order to give to another, it is taking the property of some and giving it to others. The fact that some are wealthier than others is mere sophistry.

Under the Constitution only those powers that are enumerated — that is, granted explicitly — are legitimate. Otherwise put, the federal government has no authority unless it is enumerated in the Constitution; all other aspects of human conduct that may be subject to government control are understood to be reserved to state and local governments — or to be outside the realm of government authority altogether, reserved unto individuals to act upon as they see fit.

Gridlock in government has become a watchword for inefficiency. But at the time of the founding of the American republic, gridlock was known by another term: checks and balances.

Although the United States of America has more than 320 million citizens — making her the world’s third most-populous country — few Americans know what type of government we actually have. (Hint: It is not democracy.)

Page 3 of 3

Affiliates and Friends

Social Media