If one is concerned about Briarwood’s new private police force, one also ought to be hysterical over pretty much any police force in the United States. But the state seems to get a pass in areas where non-state entities are treated with suspicion.
The Federal government is not going to stop state and local police from stealing the property of innocent people.
The Versailles treaty was in many ways an extension of the imperialistic impulses that caused the Great War in the first place. Even worse, it paved the way for World War II.
Libra's value is based on a basket of goods tied to government fiat currencies. Needless to say, Zuckerberg is no Hayek. And the Libra is no Bitcoin.
Being held accountabile in the real world usually means making reparations for incompetence or malice. But this sort of accountability almost never applies to governments.
A business owner who cannot understand why a customer is not happy — or even very disappointed — with getting a full refund for a faulty product has failed to grasp some very fundamental economic concepts.
There is reason to believe low-interest rate policy has lowered productivity, lessened economic growth, and favored large firms at the expense of small firms and innovation. Greater inequality and stagnating wealth has resulted.
Some people get richer faster than other people. But what really matters is increasing access to everyday necessities (and luxuries) for everyone.
Natural constraints on firm size are numerous, and in a truly free market, large firms would be constantly prone to being broken up and put out of business by competition. And all to often, huge firms become more long-lived due to government intervention.
Government policy encourages homeless people to congregate in public areas twice over: first, cities destroy access to very-low-cost housing. Second, city governments often refuse to enforce their own rules of public-space use. Tent cities result.
