Free Markets

"Beyond his brilliant writing style, Mencken's great contribution was his courage to write what he thought."

He loved his freedom and never compromised it.

We must realize that the two most powerful motivations in human history have always been ideology and economic interest, and that a joining of these two motivations can be downright irresistible.

So there you have it: a theory of causation (lack of regulation) and a proposed solution (more regulation). Are we supposed to believe that in a properly and full regulated world, there would be no unexpected accidents or any regretable malfunctions?

Koch organizations are no longer shocked to see us taking different views in areas like vouchers and trade treaties. They serve one agenda with a particular style, approach, and audience, and we serve another with a different style, approach, and audience.

Rent-to-own stores are guilty of making furniture and large appliances available to people without credit or substantial savings, and at a relatively low monthly cost.

Taylor, and you other critics of the spontaneous outcomes of the market economy, please do us all a favor: Go read Henry Hazlitt's Economics in One Lesson.

Further, the idea that the quantity of money is important to trade is incorrect. The market does not desire a certain quantity of money.

The inability of modern philosophers to furnish any kind of argument for the maintenance of a government is a notorious weakness.

In sum, protection and security contracts would come into existence. Furthermore, as a result of the continual cooperation of various insurers and arbitrators, a tendency toward the unification of property and contract law and the harmonization of the rules of procedure, evidence, and conflict resolution would be set in motion.