Disney's special legal status in Florida is reminiscent of the mercantilist corporations of old. They were granted favors at the expense of ordinary businesses who did not enjoy the favor of state officials.
It is interesting that the founder and leader of the market monetarists declared in January 2020 that the world was about to enter a "golden age" of low inflation for the Federal Reserve.
According to this theory, cooperation among any number of persons is more productive than the individual efforts of the same persons in isolation from one another.
A libertarian view of the law by definition means that there can be no immunity from legal consequences. Anything else perverts the very meaning of law.
We are told that economic growth goes along with liberal democracy. But social institutions play an important role that transcends the political order.
History is only a tiresome repetition of one story. Persons and classes have sought to win possession of the power of the state in order to live luxuriously out of the earnings of others.
Despite the Left's denials that Hitler was a socialist, a careful reading of his writings and speeches tells a different story. His sympathies lay with the workers, not the bourgeoisie.
Trying to understand the Russian invasion of Ukraine from the exclusive viewpoint of modern Western democracy is to ignore the long history of authoritarian leadership in Russia.
The current political polarization in the USA is not a "threat" to "our democracy." Instead, democracy as we know it is the prime reason for the polarization.
The standard line with progressives is that unless government controls medical care, prices will skyrocket. But what if the free market model costs less than government-directed care?
