Rick Kelo- The Ills of Socialism

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.

For Rick Kelo, socialism is a system that has repeatedly failed throughout the course of history. It has led to dictatorships, authoritarian governments, and social destruction. As a classical liberal, Rick Kelo is a firm proponent of the free market economics of the neo-liberal age which have defined the past three decades. In order to allow economic growth and flourish for Rick Kelo, governments must loosen their grip over economic measures, and allow businesses to flourish in the modern world.