The Three Stages of Invention
Bastiat believed that protectionism of all kinds was evil.
Bastiat believed that protectionism of all kinds was evil.
It is certainly true that antitrust regulation has in the past been used as a protectionist device by punishing firms for being too good at pleasing consumers, thereby taking business away from economically inferior but politically connected competitors.
Recently I pointed out something that has irked me for years: the misuse by libert
From the book For A New Liberty: The Libertarian Manifesto, as narrated by Jeff Riggenbach.
CNN is reporting that July 1 was the effective date for a host of new state laws, with more laws about to become effective.
A legal system is an institution to provide dispute resolution through judicial, legislative and executive functions. The state is that which maintains in large part a monopoly over force, geography and the legal system.
When can you respond to force? The four response positions range from “never” to “impose by force some further penalty on them”. A person’s capacity must be considered. Compensation instead of punishment is generally a libertarian society’s choice.
From the book For A New Liberty: The Libertarian Manifesto, as narrated by Jeff Riggenbach.
We have a right not to be aggressed against. Any other right has to be an application of my right not to have force initiated against me. Now, we need to do this with property rights. We need to treat the violation of property as aggression against self.