To the extent additional safety comes at a higher cost, it restricts the ability to make provision for other needs and wants, including safety, in other areas of life, writes George Reisman. And this remains true even when the higher costs of safety are initially imposed on business firms rather than directly on consumers.
David made an enemy of the State because he dared to legally push the boundaries and defy the police state. He did so during a crusade aimed at the prevention of further regime encroachment into the lives of others. David's story, as told by Karen De Coster, is one of principle and perseverance.
Why are Maine farmers dumping milk? The way to respond to falling prices, writes Robbie Blevins, is to offer a better product more efficiently. The signal of the need to do so is a feature of free enterprise, the system in which the consumer—which is to say, the common person—is king.
Gore's remarks come at a curious time, his party having suffered some terrible electoral defeats in the last election cycle. A proposal to create a Canadian-like system in Oregon was defeated 80-20 at the polls. Yet there are reasons why the socialist idea remains popular.
Do you remember, asks Tibor Machan, when America was called the leader of the Free World? It seems like so long ago. Now the USA is the leader of the protectionist world, the very opposite of free, at least where international commerce is concerned.
Bryant Park is managed, policed and run by a private corporation, one of the largest experiments of its kind in the nation. A corporation saved this historic park from the depths of degradation. It brought in commerce, which was happy to pay large rents to the corporation because the park has become an urban oasis.
In a market society, any distinction of classes only serves to represent some snapshot in time as movement between classes is continually fluctuating, writes Christopher Coyne. This is in stark contrast to the non-market caste system where affiliation with a class or caste is hereditary and largely unchanging.
Don't leave the job of criminal investigation to the politicized state.
The answers we receive from the academics in response to the collapse of the Enron Corporation and the implosion of other firms are not answers at all. At best, they deal only with effects, or, at worst, reverse the pattern of cause and effect. To put it another way, writes William Anderson, the people who are supposed to know the answers don’t even know what questions they should pursue.
If someone is forced to engage in work that he otherwise would not do, and he is not paid compensation to which he agrees for that work, then we call this slave labor. It cannot be defined by any other term, writes William Anderson. Princeton's Paul Krugman and his followers, however, believe that the state should force people to do its bidding, even if it means they will not receive payment for their work.
