Showing posts with label voluntary exchange. Show all posts
Showing posts with label voluntary exchange. Show all posts

Condemn ObamaCare -- No Alternative Needed

by Barry Farber.      The brightest star in Yogi Berra’s Library-of-Life-Lifters is probably “It’s déjà vu all over again.” (Runner-up: “Nobody goes to that restaurant anymore. It’s too crowded.”) It hit me with a comforting force when I suddenly connected what I was hearing these days that rang dim but important bells from long ago. You’ve     ... MORE

Mario Loyola: How The Minimum Wage Hurts Poor People

Raising the cost of employment is a bad idea.      Progressive policies are usually advanced by reference to their intended beneficiaries, without any reference at all to the social losses they create. It’s important to see how the supposed benefits fail in the case of the minimum wage, and Kevin Williamson does a typically great job   ... MORE

Jerry Brito: Bitcoin - More Than Money

Changing the future of currency.     On August 6, Judge Magistrate Amos Maazant of U.S. District Court for the Eastern District of Texas made many a headline when he became the first known United States government official to declare that Bitcoin-the non-government and non-bank currency, payments network, and anarchic digital         ... MORE

VIDEO: Walter E Williams - The Cruel Alternative


Choosing between losing a sense of morality or losing respect for the law. 

Scott Lazarowitz: Slavery Or Freedom

Escaping the shackles of statism.  Have you ever thought about the morality or legitimacy of politicians forbidding you to have a vegetable garden in your own front yard, or buying or selling raw milk, or merely having a lemonade stand without a local bureaucrat’s permission? You see, when the armed bureaucrat is arresting the peaceful raw milk    ... MORE

Jaana Woiceshyn: The Value Of Free-Market Competition

It is wrong to interfere with voluntary exchange.  In Canada, like most everywhere in the world, the markets are not free. For example, the Canadian government has targeted some key industries in which it restricts competition and foreign competition in particular: financial services, transportation, natural resources, and     ... MORE

Walter E Williams: Price Versus Cost

The stifling effect of taxation.  Suppose you buy a gallon of gas for $3. How much did it cost you? You say, "Williams, that's a silly question. It cost $3." That's where you're mistaken, because there's a difference between price and cost. To prove that price and cost are not the same, consider the following. Suppose you live and work in New York   ... MORE

Kyle Becker: The Power Motive And The Profit Motive

Which one should you trust?    The most common misconception in America's warped political culture is that modern liberals tend to be altruistic and compassionate, while conservatives are self-centered, greedy old misers. On the contrary, not only are many modern liberals driven by a personal profit motive via the aegis of government, but they are   ... MORE

Capitalism: Making Tires Safer And Most Things Better

A system where the consumer is king.   Humans have been using tires since the dawn of the automotive age. But today’s tires aren’t much like their predecessors. Instead of being made with natural rubber, for example, they’re fashioned from layers of materials, including textiles and steel. This is a perfect example of what economist Joseph  ... MORE

Augusta Chronicle: The Moral Face Of Capitalism

Preserving America.   Conservatives are only starting to feel their way around the wilderness. Even in a horrible economy, and facing an administration beleaguered by scandals on the Mexican border, in Libya and in crony “green energy” failures that cost taxpayers hundreds of millions of dollars, the conservative message was rejected at the polls in     ... MORE