I, Pencil: A Corollary
Not a single person on the face of this earth makes a pencil. Not only is this corollary true, but it’s also now jurisprudence.
Not a single person on the face of this earth makes a pencil. Not only is this corollary true, but it’s also now jurisprudence.
Voting is controversial among Austro-Libertarians for many reasons. However, if one does choose to vote, one should understand that the state is never constrained by the voters and cannot be “reformed.”
So-called economic moderates claim to support free-market capitalism, but then say that markets still need “some” government oversight. Free markets, however, don't need government-based rules because markets effectively regulate themselves.
Rent control always results in housing shortages and deteriorating housing stock. Governments and activists, unfortunately, never learn any lessons.
Thanks to unrelenting propaganda from the establishment media, a large number of Americans are suffering from what is diagnosed as “climate anxiety.”
In Costa Rica the aguinaldo—a legally-mandated Christmas bonus—is an acquired labor right and is meant to provide workers with additional financial security.
Murray Rothbard wrote that egalitarianism is a “revolt against nature.” Progressives claim that inequality harms society and is morally unacceptable, but in reality, it is necessary for division of labor, which enables social cooperation.
Although he has presided over numerous economic disasters and people are leaving the state, there are many who will want him for 2028.
In Europe, just as in the US, governments have decreed that “not enough” people are buying EVs. Now the French government wants to force more EV sales.
Kamala Harris claims that she simply wants food prices to be lower. However, her de facto price fixing scheme would create food shortages and raise the real price of food. Of course, when that happens, Harris simply will blame capitalism.