Bureaucracy and Regulation

Capitalism is characterized by the private ownership of capital, coming from Lockean homesteading principles, and not from state coercion and force.

Supporters of intellectual property laws claim that people will not innovate unless they are protected by such legislation. In reality, people are more likely to be innovative when they encounter real free markets, not markets characterized by artificial scarcity.

Puzder supports what is today called “enlightened shareholder values,” according to which shareholders want “woke” goals. 

We hear of many schemes to promote government "efficiency." The problem is that the very nature of government makes “efficiency” impossible.

It is unlikely many of the Department of Government Efficiency's recommendations will ever be implemented. The value of the DOGE lies in how it exposes government waste. 

As we see from Jamaica‘s experience, attempts by the government to be entrepreneurial misallocate resources, waste money, and achieve poor results.

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.