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Ed Driscoll

It’s Peggy Joseph’s America, We Just Live In It

December 5th, 2012 - 6:48 pm

No wonder, as Jim Treacher writes, Merriam-Webster’s top two words of the year are “socialism” and “capitalism.”

For those confused by the former word’s definition, this book might be an excellent starting point. But for those who like to keep it simple, a pair of videos help to provide a quick and handy refresher course on macro and micro socialist economics in action.

First the micro version, from 2008:

Now the macro definition, from 2012:

This early Tea Partier from 2009 has the appropriate tough love rejoinder to both redistributive pleas:

(Headline inspired by Small Dead Animals.)

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