Entrepreneurship

Root's low tax, small-government message falls flat when he repeatedly gushes over George Bush when in fact Bush is presiding over the largest expansion of government since LBJ.

I thought bashing great chain bookstores like Barnes & Noble and Borders went out of style about ten years ago, yet here is the New York Times

Either libertarians would have to painfully make their way to developing an interest in history, current affairs, economics, political philosophy — in short, the real world, or else they would have to descend into a blissful silence (blissful that is, for the rest of us.)

In a profound sense, no social system, whether anarchist or statist, can work at all unless most people are 'good' in the sense that they are not all hell-bent upon assaulting and robbing their neighbors.

People have been led to believe that shutting down entrepreneurship and the marketplace will improve the world. Actually, that way lies barbarism, and a system unfit for human beings.

Both the Law of the Sea and the Antarctic Treaty need to be ignored as relics of the socialist past.

As this contrived example illustrates, an options market might allow for more efficient output decisions whereas a futures market (let alone a simple spot market) might not.

So — even if the current cycle is about to turn — it will surely complete the revolution and move upwards once again and possibly faster than we might expect, thanks to the benign self-interest of the millions of new Asian and East European entrants into our complex, highly interconnected, global economy.

No wonder, then, that our economic problems center in government enterprises. Government ownership breeds insoluble conflicts, inevitable inefficiency, and breakdown of living standards. Private ownership brings peace, mutual harmony, great efficiency, and notable improvements in standards of living.

As interviewed on CBC’s CKVU and on “WestCoast,” December 4-5, 1989