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FCL Series - Thomas Sowell - A Citizens Guide to the Economy

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The “FCL” Series – For some length of time now, I’ve given some thought to putting out something
like this. A principal problem is that of labels, and another is the lack of room in a torrent description to write
anything approaching even a SYNOPSIS of a clear manifesto. Therefore, I have decided to call this FCL (an acronym for
Fiscal Conservative Libertarian) for the sake of brevity and clarity.



There are in America (and to a lesser degree in Europe) a huge number of people who would largely fit into this camp. We
are the practical, the scientific, the skeptical and the truly logically analytical. We are IN NO WAY dogmatic or
organized, but we generically agree to a certain extent on some core ideas. We think people who attend rallies or
protests are shmucks. We think people can express their political opinions on bumperstickers are too stupid to vote. We
think whenever we hear the phrase “there ought to be a law!” that there probably shouldn’t be. We have
differing opinions on abortion, gun control, the death penalty, flag burning, and gay rights, but agree categorically
that such decisions ought not to be Constitutional issues and are best left to the local voters. We think that the
Federal Government ought not to do much of anything other than core responsibilities, especially if they have no idea
how to pay for it. We don’t vote with out hearts but with our heads. We are never loyal to any party. We are very
pro-military, and most of us have served. We don’t trust any politician and we despise empty symbolism, ignorant
populism, and idiotic sloganeering. We are all about practical economics, actual freedom from the leftist nannies and
rightist religious police, and we like individual responsibility.



People like me have been going nuts for a long time with the economic stupidities of our government and fellow citizens,
the general inability of these to understand real long term effects, and we are sick to death of people blaming US for
George Bush instead of the RELIGIOUS and SOCIAL conservatives who elected him. We are NOT “neo-cons”,
“dittoheads”, or lovers of Fox News, and we are sick and tired of lefties telling us we must be supporters
of Limbaugh and Falwell. WE are the people who watch Penn & Teller’s BULLSHIT and love SOUTH PARK. We think
Obama is a very nice fellow whose economic policies at best will lead America on a path in the long run to a low rent
failed soft-core Socialism. Finally, we think that the 40% on either side that make up the core of the two major sides
are usually reaching bad conclusions and voting stupidly because they listen to propaganda and don’t truly
understand some complicated issues with an honest degree of depth.



Therefore, since there is no shortage of people here with an agenda (some of which borders on the insane), I am going to
put out a collection of material that gives a good accounting of the fiscal conservative point of view. Some of it I
personally take as gospel, some of it is merely generic. Speaking as a history and social studies teacher, I feel
qualified to select materials that reflect this point of view. It is my hope that many will increase their knowledge of
complicated historical and economic events by this effort. I do not seek to foster argument or win converts, but merely
to explain to the right wingers why we would rather have freedom than ban abortion or marijuana, and to get it through
to the left that not everyone who doesn’t toe their fantasy line is a flat-Earther or fascist. Most of this
material will be conservative, and most will deal with economics. There will be no political diatribes from dogmatic and
non-practical people (Sorry to all the Coulter and Chomsky fans) who are more intent on pushing a fantasy utopia that
pursuing practical liberty.









Thomas Sowell - Basic Economics: A Citizens Guide to the Economy





Bitrate: 32 kbps



"Economics is the study of the use of scarce resources which have alternative uses."



At last there is a citizen's guide to the economy, written by an economist who uses plain English. Thomas Sowell
explains exactly what economics is and what its guiding principles are. No jargon, no graphs, no equations in this
comprehensive survey, from scarcity, the balance of trade, and price controls to minimum-wage laws, competition,
profits, losses and the role of government. Intended as a primer for the citizen not trained in the basics of economic
theory.



Produced by Blackstone Audio.

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