A society that values individual rights should not give liable parties a free pass. But a hostile federal takeover of BP would send a message to every other firm in the oil industry that their assets aren't safe from plunder.
"Meanwhile, states that do not reward being poor find poverty levels falling."
We must revisit and strengthen these arguments if we are to choose capitalism and freedom over socialism and serfdom.
Sadly, the Federal Minimum Wage Act of 2007 and the proposed Free of Fees for Carry-On Act are but two of a myriad of examples of how legislators exploit private business in the name of protecting their constituents.
Collectivism and interventionism emphasize the importance of national boundaries.
The only solution to increasing costs is to eliminate government interference in the market and to allow the price mechanism to work as it should. Consumers who pay out of their own pocket will search for the cheapest solutions to suit their needs, while providers of healthcare will compete, through constant innovation, to drive prices down and discover the most efficacious treatments.
The only solution to increasing costs is to eliminate government interference in the market and to allow the price mechanism to work as it should.
