Thiago V. S. Coelho

Regulatory systems are infamous for creating “traps” that seem to be impervious to reform. Regulators seek to “drain the swamp,” but, instead, find themselves up to their necks in alligators.

For too long, people have thought of the airwaves and waterways as “public” property that is best controlled by government. However, Murray Rothbard and others held that one could apply the institution of private property to both.

Karl Marx not only misunderstood value and production, but he also was wrong about large-scale and small-scale property owners.