Down with the Rich, Again?
The rich can indeed help us all, not by spending but by being thrifty and even miserly for as long as necessary to fix what the government has broken.
The rich can indeed help us all, not by spending but by being thrifty and even miserly for as long as necessary to fix what the government has broken.
The exercise of arbitrary or dictatorial power is, of course, the whole purpose and function of all those agencies, commissions, and czars.
"Even mainstream economists recognize the role that price discrimination can play in allowing producers and consumers to exploit potential gains from trade."
It is through the interaction of many people in the marketplace of ideas and goods that street art, indeed any innovation, is able to reach millions.
American libertarians would be particularly interested in Peake's great novel, since the perspective on the individual and society that pervades it is very libertarian in the broadest sense of that word.
The bottom line here is that insurance of this kind — as opposed to catastrophic insurance like car insurance, which pays for accidents and not for oil changes and general repairs — creates moral hazard.
But history proceeds, miracle after miracle, driving progress forward, uplifting humanity, bringing glorious things to life on earth.
Huebert correctly grounds his philosophy in Murray Rothbard's nonaggression principle, and even has the temerity to apply this vital insight to the state: "If one person cannot steal money from another, then the government (which is made up only of individual people) should not be allowed to forcibly take money from people, even if it is called taxation."
"The black market in information is simply individuals cooperating in order to manipulate their own private property."
Interviewed by special guest host, Zoe Russell, on the “Free Markets” internet radio program; 17 July 2010.