Whether it be the owner, the general manager, or the head coach, whomever has the final say on draft day is making a judgment in the face of uncertainty that they hope will benefit their organization.
Subsidies, government quotas, and regulations of workers won't make us richer or better off. Only private owners and entrepreneurs can determine the best way to use labor (and capital).
The last few days, I've seen so many things on Mises.com that I wanted to blog here, but there's really way too much: the best thing is to get over there now and get involved in what is turning out to be a wonderful conversation about liberty and economics. In any...
I was having an interesting discussion via email about one of Walter Block's arguments. A quick summary. Block says that just as nature abhors a vacuum, libertarianism "abhors" unowned property; that the...
