Freedom, Capitalism and the Role of Government

Our mission at Financial Advantage is to promote the prosperity and, thereby, the economic freedom of our clients and their families by thoughtfully investing their savings; to pursue opportunity wherever we find it, while diversifying the risks that attend even the most promising enterprises. 

As the door swings open to a fresh new decade of opportunity, and as we survey the exciting array of businesses in which private capital might be invested, we are conscious of three large-scale risks that have the potential to overwhelm ordinary investment considerations. These risks have to do with how governments respond to...

Our mission at Financial Advantage is to promote the prosperity and, thereby, the economic freedom of our clients and their families by thoughtfully investing their savings; to pursue opportunity wherever we find it, while diversifying the risks that attend even the most promising enterprises. As the door swings open to a fresh new decade of opportunity, and as we survey the exciting array of businesses in which private capital might be invested, we are conscious of three large-scale risks that have the potential to overwhelm ordinary investment considerations. These risks have to do with how governments respond to:

• The exhaustion of the post-WWII credit expansion in the developed economies;
• The increase in terrorism, mass demonstrations and geo-political tensions around the world; and
• Intensified global competition for markets, capital and natural resources.

In this edition of the Blue Sheets®, we have elected to focus on one very complex and surprisingly contentious issue that could, of itself, largely determine whether and how these three risks can be managed. That single critical variable on which so much depends is the condition of personal freedom, which is always and everywhere the sine qua non of economic progress.