Anti-capitalists often claim that employment is like slavery. But unlike slavery, employment in the market is voluntary, non-coercive, and makes the employee better off than he would have been without it. Employees merely choose an employer that provides the best alternative to non-employment.
Here are the Top Ten most-read articles from September.
Believe it or not, but there is a tax that I could support as libertarian. In fact, it's a tax I even would want to see. Because it fixes the problem of underfinanced government budgets and it also aligns the voting populace with the risk of "investing" in government.
Well, they voted in federal elections this week for a more free market in cannabis, and for less intervention in foreign wars. They also voted for higher taxes and more environmental regulation.
Violence, whether private sector (i.e., “crime” and non-state “terrorism”) or government sector (war and police actions) ar
Millions of pop culture consumers have been affected by the "post scarcity" world portrayed in Star Trek. But even in Star Trek, the claims of having overcome scarcity are belied by the fact that human lives, planets, starships, and time all remain scarce.
The countries where the median household has more purchasing power have fewer cases of adult children living with parents. Almost all countries with median incomes above $20,000 have living-at-home percentages below 20 percent, while almost all countries with median income below $30,000 have living-at-home levels above 30 percent.
In a situation where value is measured almost strictly in dollars, coffee is only for closers, but when value is calculated outside the numerical discipline of the ledger, things get more complicated.
Robert Shiller, in a new screed against capitalism in The New York Times, asserts that government regulation makes countries rich. He then bolsters this argument by making stuff up.
