Understanding the Economic Ills of a
System Like Socialism
Socialism is a word which stirs up mixed
emotions in people across the world, especially in America. For many, it is the
economic symbol that is deeply embedded with Communism, and therefore the idea
of the old enemy, one which should be warned away and avoided. However, a new
surge in socialist and left wing thought across the world has sent he word come
back into play in recent decades. More and more, people are thinking that
socialism might provide the answer to eliminating greed, and creating a more
equal and sustainable society- hence the rise in politicians like Bernie
Sanders and Jeremy Corbyn. However, economic thinker Rick Kelo is one such
classical liberal who believes we must do all we can to keep the powers of
socialism at bay.
Rick Kelo a West Point grad, and former
agent of the State, turned Classic Liberal thinker and writer. He describes
himself as a 'rogue Economist', with original thoughts and ideas, heavily
influenced by the Monetarist & Austrian schools. Rick Kelo's actual area of
specialization, and employment, is taxation, where he is able to apply his deep
economic theories to his profession by offering succinct and pertinent tax
advice to his clients. He is the head of tax recruiting at TaxScout, Inc. Rick
is in charge of the firm's nationwide executive tax recruitment as well as full
service tax recruitment in several specific metropolitan areas. He also runs a
widely read blog where he discusses the latest trends in economic circles,
called Ceteris Paribus. This phrase is taken from the Economics from the
Austrian & Monetarist traditions; political philosophy from the Classic
Liberal tradition.
