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Voluntary Exchange vs. Government Mandates
True welfare and value can only be achieved through exchange when it is fully voluntary. When the state intervenes to "improve" trade, it destroys value, all the government stats notwithstanding.
Voluntary Exchange vs. Government Mandates
True welfare and value can only be achieved through exchange when it is fully voluntary.
Mises Daily Monday: To “Give Back,” Add Real Value
Mises Daily Monday by Peter St. Onge. "Giving back" is big these days, but how can we know if we're really making a contribution that someone values?
Peak Oil Was Nonsense and the Ghost of the 1981 Oil Price Crash Looms
Remember Peak Oil? Yeah, that's long over.
Mises Daily Friday: Government Save Us From “Overpriced” Chinese Food
Mises Daily Friday: Government Save Us From "Overpriced" Chinese Food
Government Save Us From “Overpriced” Chinese Food
If a customer consents to paying a certain price at the time of purchase, he cannot later claim that he was overcharged. The fact that he was charged the right amount is clear in the fact that he consented to the purchase in the first place.
