The Trouble With Child Labor Laws
Child-labor laws were and are a blow against the freedom to work and a boost in government authority over the family.
Child-labor laws were and are a blow against the freedom to work and a boost in government authority over the family.
OFCOM, by forcing the functional separation of BT and the creation of BT Openreach, altered the structure of production that the market had set up in answer to customer preferences.
Even Askling, who writes socialist propaganda for a living, knows the Swedish recycling scheme doesn't work; and she concludes it is in need of more market.
While the supposed purpose of genetic antidiscrimination laws is to "protect genetic privacy," the actual effect is to remove the ability of insurers to provide financial incentives for people to get screened for potentially fatal genetic risk factors. This will only lead to unnecessary deaths from treatable genetic disorders and higher health insurance costs.
Ludwig von Mises explained labor union tactics in his book Socialism: "Strikes, sabotage, violent action and terrorism of every kind are not economic means. They are destructive means, designed to interrupt the movement of economic life. They are weapons of war which must inevitably lead to the destruction of society."
For the present and the foreseeable future, there is probably nothing that will stop the Fed from continuing with its inflation.
Policies that force consumers to spend are also policies that force them not to save…
Large profit as such becomes therefore a symbol of social injury, merely because it is large. … Of all the counter symbols this was the one most damaging to the capitalistic system.
Shareholders must fight to uphold the legitimacy of the profit motive and reject the view that merely having an "interest" in the operations of a company implies a right to control.
An economy not bludgeoned by powerful elites is the ideal we should seek, even if it has a name that is wildly unpopular: capitalism.