PRIVATE ENTERPRISE
Talk given September 12 to the Rotary Club of Heidelberg
Full copy available as downloadable PDF
Every now and again one needs to offer a perspective on the merits of the cause one promotes. When I was invited to talk to Heidelberg Rotary, I thought that provided a good opportunity to do so and I agreed to their request to talk about private enterprise. The attached touches on various aspects, albeit too briefly.
The reaction from a small audience seemed favourable and questioning/discussion continued for some time after the formal close and many copies of the text (as per the attached) were requested.
Questions raised covered a surprisingly wide area. They included problems in Europe (my response: unless the Euro is abandoned there will be ongoing crises); US debt (my response: the Federal Reserve has to accept a good part of the blame for allowing excessive private debt, which will take some time to unwind and return the US economy to better health); immigration (my response: more government controls/supervision needed, particularly in regard to possible Islamic extremists); the next big ice age is coming but will not occur for thousands of years and in the meantime we can expect high temperatures (my response: in between big ice ages many variations in temperatures occur, including small ice ages such as the one that hit Napoleon when he invaded Russia).
Des Moore
Full copy available as downloadable PDF