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
Showing posts with label voluntary exchange. Show all posts
Showing posts with label voluntary exchange. Show all posts
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
Labels:
asset forfeiture,
commerce,
drones,
entrepreneur,
government,
regulation,
voluntary exchange
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
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