There is no such thing as perfect neutrality in the world of economics. Information flows must be rationed somehow. Do we want it rationed by the market price system, or the likes of the US Senate? That is what the future of this technical debate is all about.
Growth-management laws serve only to increase home prices and exclude more people from enjoying the benefits of home ownership. Government should get out of the way and let homebuilders provide affordable housing that will change the lives of low-income people for the better.
Indeed, all of our lives are touched in some way by an array of nonprofit organizations working toward carrying out defined goals in voluntary, non-coercive ways.
First, Superman clearly needs an agent. Second, a background in economics sometimes makes movie viewing difficult.
Under decentralized government, close elections might still make for enjoyable standoffs, but the stakes would not be nearly so high.
Economic science per se cannot establish ethical statements. The problem of 'welfare economics' has always been to find some way to circumvent this restriction on economics….The free market is the name for the array of all the voluntary exchanges that take place in the world.
It's the code that Isabel Paterson, the great twentieth-century libertarian, had in mind when she said that modern ideas of freedom are dependent on "the axiom of liberty" embedded in Christian teaching.
If I were to give a tour of the United States to visitors from a socialist country, who are used to experiencing chronic shortages of almost everything, Wal-Mart would be one of the first places I would take them. It is a perfect symbol of one of the most remarkable things that we have — an enormous variety of high quality, low cost products that are available to virtually everyone throughout the United States.
Few economists have the courage to point to labor legislation and regulation as the very cause of mass unemployment.
They seem blissfully unaware that once the power to define words is given to the state, it merely depends on who runs the state in order for the definition to be changed, and they seem too ready to tinker with the US Constitution in order to manage something that should have absolutely nothing to do with the state.
