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Joe Biden thinks a centrally planned supply chain for healthcare supplies is necessary, because "We can no longer leave this to the private sector." There are many reasons why this is so very wrong.
The problem with Biden’s Protecting the Right to Organize (PRO) Act is that it would help unions at the expense of the vast majority of American workers.
It should be self-evident that a just and moral political regime can only exist in the long term if a sufficiently large number of people actually believe in it.
SocialismCapital and Interest TheoryProduction Theory
Marx’s theory of exploitation forms the foundation of all his work. But Marx couldn't tell the difference between profit and surplus, exposing the incoherence of his theory.
Booms and BustsInflationFinancial Markets
Liquidity only disguises risk; it does not resolve solvency issues driven by collapsing cash flows while costs remain elevated.
Philosophy and MethodologyPolitical Theory
Economist James Buchanan thinks that a state is necessary, because people wouldn't be able to agree on the boundaries of their rights.
The Democrats want trillions spent on infrastructure for a "Green New Deal." The GOP wants a trillion for roads and bridges. They're likely to find a way to "work together" to spend trillions either way.
Legal SystemPhilosophy and Methodology
A moral injustice is a legal injustice, period.