It has been a long time since I've run anything about economics and since the weather is pretty calm right now, it is a good time. Unfortunately, the U.S. is a long way from capitalism as it should be practiced. These days we have a lousy version some call "crony capitalism." The well-connected prosper. In order for capitalism (I prefer the term "free enterprise") to work properly, a society needs a strong moral foundation -- which we have frittered away the past 50 years. When I was in college, we used to argue whether it was excessive for the President of a company's salary to be more than 15 times that of the lowest paid, full-time worker. Unfortunately, today, it sometimes 4,000+ times -- terribly excessive*. Regardless, what we have now is better than socialism or, especially, communism which do nothing but breed misery and poverty for the average person. At the end of the above cycle, a nation looks something like this. Remember with this year'...