Prices
“Price Gouging” Is Essential and Humane
We don't have capitalism in New Orleans or anywhere else, of course. Only government can grant monopoly privilege to put obstacles in the way of people getting what they need.
The dynamic of interventionism
The U.S. subsidizes ethanol. Corn prices go up. The new prices hit Mexicans hard.
Profiting from Knowledge
There is nothing inherently slimy about trading real estate, and certainly nothing warranting the state’s regulation of this market.
Artwork and the Subjective Theory of Value
Beauty is in the eye of beholder and only an individual can make subjective valuation of a work of art based on the satisfaction that he derives from it.
Does the Market Commodify Everything?
It is private property and market prices or the law of the jungle, and no amount of fashionable cynicism about the market or romantic delusions about how nice life would be without it can obscure this fundamental choice.
Do Capitalists Prey on the Poor?
The poor are able to acquire household items that in some cases no one, rich or poor, could have had even a generation ago, and on terms that no one else is willing to extend to them.