Thursday, July 7, 2016

Rick Kelo- A keen intellectual talent in Economic Thought




Rick Kelo has always had an interest in finance and economics. He graduated from the prestigious Westpoint Academy with honors in the field, and went on to complete his MBA at Chicago University in the same field. This intellectual curiosity has remained with him throughout his career as a reputable executive recruiter and finance analyst. Aside from his day job, Rick Kelo likes to put his thought to developing the insightful articles he maintains on his ever popular website. As described by Rick on the website, it discusses economics, politics and social thinking in the traditions that made mankind great. Richard arthur Kelo stems from a long line of classical liberal thinkers, such as those from the Austrian and Monetarist traditions. Together, one of the key ideas that runs through their body of work is the notion that governments should take a reduced role in managing economics and trade, and in doing so will allow the economy to flourish in the long run without infringing on individuals' civil liberties.

Taxation is one area of government policy which Rick Kelo is particularly critical of. Having worked in the tax industry himself for the past five years, Rick Kelo has gained valuable insight and knowledge on how the American taxation system works from within, and it has only felled his disillusionment with the current system. High taxes on corporations for Rick Kelo are one of the most stifling forces for a prosperous economy. He recognizes that by increase business and trade taxes, companies will have to find new ways to increase their revenues, which indirectly leads to long term unemployment due to cost cutting measures that become necessary for businesses.

Also under the critical eye in Rick Kelo's blogs is the ideology of socialism. For classical liberal thinkers, socialism is one of the most detrimental ideologies conceived in the 19th and 20th centuries. As history has shown, socialism has failed time and time again, not only economically and socially, but also on a deeper moral level leading to some of the most outrageous atrocities in recent history. For Rick Kelo, is is vital that governments lean away from socialist policies to ensure the economic and civil freedoms that have made America such a great country in the past.

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