Tag: Capitalism

Get Your Kindle Edition of “Return to Capitalism” Today!

Read in the dark, on your computer, tablet or phone with the KINDLE edition of Return to Capitalism by William Northwall!

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My book is about the future, and the readers I wish to attract are the younger generations, especially those people attracted to liberal, progressive and socialistic ideals. The young tend to reject capitalism because anti-capitalism is all they’ve been taught. Thus, they believe that business is in the business of making money and not helping the poor or the environment. They have established views on the horrors of greed.

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Today, we are mired in a mess that our politicians of both parties have created; unbelievable public debt, excessive taxation stifling our economy, entitlements well on their way to insolvency, poor inner-city schools, unaffordable higher education, and the list goes on and on. The solution to most of our problems is a return of capitalistic approaches. The moral sanctity of capitalism remains intact. It has lifted up millions from poverty and despair. Its nemesis, socialism, with its siren call for unlimited gifts to all, has given rise too frequently to tyranny and the deaths of millions at its worst, and poverty and economic stagnation at its best.

 

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I begin my book by laying a foundation of economic ideas and definitions, which are not hard to understand, but lie outside the common vernacular and current political discourse. Thus, they may seem foreign to the reader, yet when thought about they allow the rest of what I’ve written later in the book to be more easily understood.
I have put some emphasis on health care, as my working life as a busy medical doctor and radiologist evolved through periods of high inflation, immense technical change, and never-ending threats of malpractice lawsuits. My training and experience gives me some special insights into the health care debate. This background gives me credibility to offer views on health care, which I hope you will take seriously.

Redirecting the ship of state away from a course headed towards insolvency and collapse will require a course correction to the RETURN TO CAPITALISM.

Grab your KINDLE or hard copy here!

Arguments over DACA Policy… What is Best For the US?

Travel bans, immigration and policy changes. What kind of policies are really “helping” Americans? Unhappy with the political debates by the presidential candidates in the spring of 2016, I decided to embark on writing out my views on economic issues and politics. I figured that no matter which candidate became president, we could be in for a chaotic four years. Now that we know who became president, we still don’t know what he—President Trump—will bring us. My focus now is to get my views “out there” and get ready for the next campaign. I’ve always had an interest in economics and feel I’ve learned some important concepts. Beyond this economic understanding, I also have some real experience in healthcare as a medical doctor who practiced radiology, so I have a strong working knowledge of the system within the U.S. With the comprehension I have of the main political issues, I believe that maybe I can help influence the next election.

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“A construct developed over the years that has proven useful in evaluating business’s health and prospects is the balance sheet and income statement. The balance sheet is a listing of assets and liabilities with the difference being the net worth, equity, or book value. This is always at a point in time. Complementing the balance sheet is the income statement of revenue and expenses with the difference being the net income. This is always for one period of time. Unspent income that accumulates from one time period to another gets added to the assets (or deficits to debt). The same format works well for individuals in studying their financial well-being, from trouble with excessive debt that threatens bankruptcy, to being wealthy.”

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Gas Shortage, Hurricanes and Forest Fires — How to Help Our Nation & Debt

Hurricane Harvey, Hurricane Irma and forest fires are sweeping the nation. Citizens are getting frantic and trying to stock up on food, water and gasoline. With the nation in serious debt and citizens losing hundreds of thousands in these natural disasters, here is my take on the nation’s debt —

Now, since basically no one noticed when Nixon took us off the gold standard (me included), I see no reason to try and argue the case for returning to a gold standard by trying to educate the electorate on this matter. Rather, we just need to educate a presidential candidate and influence his pick for Secretary of Treasury. Ideally, a Secretary who understands this subject. Then we need to elect members of Congress that believe in the sanity of a gold standard, and act on it. And that’s the end of my sermon.

What are the upsides of returning the dollar’s link to gold?

(1) No more inflation, which benefits savers, i.e., the value of money put into savings is “protected” from eroding away through inflation.

(2) Businesses that plan to expand would now be able to reliably predict future expenses, thus stimulation of business expansion.

Check out the other upsides in my book Return to Capitalism !

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My book is about the future, and the readers I wish to attract are the younger generations, especially those people attracted to liberal, progressive and socialistic ideals. The young tend to reject capitalism because anti-capitalism is all they’ve been taught. Thus, they believe that business is in the business of making money and not helping the poor or the environment. They have established views on the horrors of greed.

Entrepreneurship is King in the Capitalistic System – Here’s Why

Under a capitalistic system, the entrepreneur is the king, and it is essential in advancing opportunity and prosperity for all. Thus, I have explained in my book what entrepreneurs are, why what they do is morally correct, and why they should be embraced. Appreciation of market-based solutions is essential to understanding capitalism, i.e. where each individual makes his or her choice based on what they are willing to spend or are able to afford and what they consider gives them the most value. Conversely, central planning, like solutions from Washington, can in no way offer the right solutions to satisfy everyone.

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I begin my book by laying a foundation of economic ideas and definitions, which are not hard to understand, but lie outside the common vernacular and current political discourse. Thus, they may seem foreign to the reader, yet when thought about they allow the rest of what I’ve written later in the book to be more easily understood.

Grab your copy of Return to Capitalism today!

A Breakdown of the Components of Capitalism and Socialism | Know the Facts

I’ve always had an interest in economics and feel I’ve learned some important concepts. Beyond this economic understanding, I also have some real experience in healthcare as a medical doctor who practiced radiology, so I have a strong working knowledge of the system within the U.S. With the comprehension I have of the main political issues, I believe that maybe I can help influence the next election.

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If you don’t have a firm grasp on the concepts of Capitalism and Socialism, here are the basics —

             Capitalism                    Socialism

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Grab your copy of my new release here!