Legal System

All consumers place a high value on their personal safety. The sellers of any consumer product must fulfill this desire in order to profit in a capitalist economy.

For libertarians who reject the legitimacy of the state,[29] or legislated law,[30] this is yet another defect of IP, and a conclusive one.

The liberal traditions on which this nation was founded are now so little understood that each person will have to largely do his own research, laboriously and carefully.

Insurance regulation in the United States is not working because it makes insurance a static, uncreative and boring business.

How do you at once enforce intellectual property and uphold the ideal of a university, which is, after all, about teaching and spreading ideas to others?

It will be no surprise to readers of this site to learn that the Democrats' bill will seriously harm precisely those poor and uninsured citizens it is ostensibly designed to help.

Eventually, every aspect of productive life will be so controlled that capitalist drive and ingenuity will become relics of the past.

Given that we have rising unemployment, a reduction in minimum-wage rates might bring relief to some unemployed workers.

What counts in the market are the externalities that can be derived from intellectual property. How to deal with these externalities is, of course, a different matter.

"FDA bureaucrats are extremely risk averse."