The Market and the Distribution of Wealth
What is of great economic interest is not the mode of distribution at a moment of time but its mode of change over time.
What is of great economic interest is not the mode of distribution at a moment of time but its mode of change over time.
As the old saying goes, the more expensive you are to fire, the more expensive you are to hire. Nowhere is this more apparent than on the European continent.
In a voluntary society, both parties benefit from any exchange, or it wouldn't have happened in the first place. We only want the most profitable businesses to be operational, because we will benefit the most from the best and cheapest goods.
It is the state, not consumers, that ultimately decides who will succeed or fail.
The Mexican Mafia has become a state, with a monopoly of violence and coercion over a geographical area.
While pop and rock hits were attracting pirates, the same methods were available to aficionados of opera, classical, jazz, and show music.