Like all government operations (public schools, domestic security, tax collection), the Post Office has to continually reform itself to avoid a complete public-relations meltdown. Thus did the Post Office become the Postal Service some twenty years ago. The Bush administration plans yet another version of this cosmetic change.
David made an enemy of the State because he dared to legally push the boundaries and defy the police state. He did so during a crusade aimed at the prevention of further regime encroachment into the lives of others. David's story, as told by Karen De Coster, is one of principle and perseverance.
Bryant Park is managed, policed and run by a private corporation, one of the largest experiments of its kind in the nation. A corporation saved this historic park from the depths of degradation. It brought in commerce, which was happy to pay large rents to the corporation because the park has become an urban oasis.
What set in motion the explosive technological advance of the last 250 years was the world of ideas. Great thinkers began to understand the internal logic of the market economy and its potential for liberating mankind from poverty, dependency, and despotic rule.
While it is perfectly clear that an individual capitalist or speculator may make losses on the stock exchange, it is very doubtful whether "society" can make such losses. The question with which we are concerned here is whether an individual's losses from domestic stock exchange transactions represent a loss to the society to which that individual belongs.
Through it all, the libertarian theme was the same: liberty for everyone, legal privileges for no one. This is the essence of a free market, but even today it is a message that no faction within the apparatus of the ruling class wants to hear. No matter how divided the factions are among themselves, they form a united front against the libertarian idea, which is the one thing they find most intolerable.
Charging $4, $5, or even $100 for a gallon of gasoline is not a crime; rather, it is a logical response to what buyers and sellers perceive to be the current market situation.
Doctors and patients fed up with the current medical system are negotiating something entirely new, and the AMA is very unhappy.
A private rental-car company tries to protect its assets by enforcing speed limits. The state seriously objects.
Manuel Asensio is better than the SEC when it comes to ferreting out stock scams—and, therefore, performs a fabulous market function by selling short. Christopher Mayer explains.
