At $3 a pop, these little things seem like a rip-off. Yet consumers keep buying under the right conditions: mostly sports events for kids. What's more, competition isn't pushing the price down. Let us see how this all makes sense from an economic point of view.
Farmer Boy was probably written by Rose Wilder Lane in the mid-40s. Money is work is a phrase from this book. Money is hard work and much time. Government edicts don’t create money; markets create money.
The fate of the consumer is the fate of civilization itself. Every person influences what is done with the world's resources. Call it consumerism. Call it free society. Call it capitalism. It works for people.
When unions oppose the general policy of extra pay for extra work, as under incentive or piecework payment, they are merely extending the practice of featherbedding.
The basic logic of Jane Jacobs’s work must lead an attentive reader inexorably to a libertarian view of human social relations.
How can Austrolibertarians reach the Left? Well, it depends which Left.
With 25% more to fall, and many houses under water by thousands of dollars, or hundreds of thousands, what's the incentive to pay? If a borrower wants to work out a compromise in good faith, how can they know if they are negotiating with the right party? The mortgage mess is a house of mirrors.
I use the term "liberal" without irony or contempt, for the liberal tradition in the true sense was devoted to freeing people from the shackles of the state.
