This time of the year, whether in good economic times or bad, is when Americans gather with their families and friends and enjoy a Thanksgiving meal together. It marks a remembrance of those early Pilgrim Fathers who crossed the uncharted ocean from Europe to make a new start in Plymouth, Massachusetts. What is less appreciated is that Thanksgiving also is a celebration of the birth of free enterprise in America.
Since the economic downturn of 2008, the critics of capitalism have redoubled their efforts to persuade the American people and many others around the world that the system of individual freedom and free enterprise has failed.
We live in an era in which few can even conceive of a world without the welfare state. Who would care for the old? How would people provide for their medical needs? What would happen to the disadvantaged and needy that fell upon hard times? In fact, there were free market solutions and non-government answers to these questions long before the modern Big Government Welfare State.
Smoking, obesity, exposure to toxic chemicals: Which of these factors do you think plays the biggest role in determining how deadly prostate cancer will be in a given situation? The correct answer is none of them. The most life-threatening factor in prostate cancer is poverty, coupled with a lack of access to electricity. This condition, called “energy poverty” by the World Bank, is the reason all illnesses – including prostate cancer – are far more devastating to people in poor nations than in the developed world.
The continuing improvement in international traffic congestion data makes comparisons between different cities globally far easier. Annual reports (2013) by Tom Tom have been expanded to include China, adding the world’s second largest economy to previously produced array of reports on the Americas, Europe, South Africa and Australia/New Zealand. A total of 160 cities are now rated in these Tom Tom Traffic Index Reports. This provides an opportunity to provide world 10 most congested and 10 least congested cities lists among the rated cities.