New York City Subways: The Woes of Socialist Enterprises
New York City’s subways have become a nightmare, with rampant crime, delays, derailments, and poorly capitalized. This is a gift from "backdoor socialism."
New York City’s subways have become a nightmare, with rampant crime, delays, derailments, and poorly capitalized. This is a gift from "backdoor socialism."
David Gordon continues his critical look at Jedediah Purdy's book, Two Cheers for Politics.
Both Murray Rothbard and Harry Jaffa began as men of the Right. However, Rothbard turned toward the view that individuals possess rights outside of the state; Jaffa turned toward conservatism.
Logical positivism holds that theory is irrelevant to the empirical results. It is the other way around; One cannot understand or interpret economic data until one has a working economic theory in place.
"Even those who actually voted for the adoption of the Constitution, did not pledge their faith for any specific time; since no specific time was named during which the association should continue."
While we often concentrate on government agents' antiliberty actions, it is easy to overlook the shadow government of private business firms and NGOs that do the government's bidding.
By compensating slave owners for the abolition of slavery, Great Britain ended the scourge of chattel slavery long before it was ended in the Americas.
Inflation is not a product of corporate greed or rising wages. It is a fraud perpetrated by government authorities that impoverishes average people while enriching elites.