How to Slow Economic Progress
If you want a monopoly, you don’t have to be buddies with the king. You can just go to the patent office.
If you want a monopoly, you don’t have to be buddies with the king. You can just go to the patent office.
Hayek determined to form a society committed to persuading the intellectuals, and hence the masses and their political leaders, to change course.
When you speak, you act; and action implies taking control of one's own body with the underlying idea of private property.
The meltdown of Lehman Brothers in September 2008 didn't begin the crisis; it was a model of how all troubled firms should have been handled. Had this policy been followed from the beginning, I have little doubt that the downturn would already be over and we would not have added to the debt problem.
In the 73 years since the passage of the FLSA, the federal minimum wage has been increased 28 times and decreased only once (in 1963).