Political dependence and economic dependence are two very different things. Political dependence is fostered by coercion and monopoly power, but economic dependence is simply a choice we make when we especially like one thing more than the alternatives.
Our daily lives are determined by our choices as individual economic actors. When governments intervene in our personal economics, they intervene in our personal preferences and choices.
Our daily lives are determined by our choices as individual economic actors.
Some music aficionados are complaining that the market's efforts to better deliver what people want are encouraging "bad music." In truth, music markets are providing more opportunities for the making of new music than ever before.
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.
True welfare and value can only be achieved through exchange when it is fully voluntary.
Opponents of free markets sometimes describe market competition of dog-eat-dog, but that metaphor has nothing to do with markets and everything to do with politics and war.
Opponents of free markets sometimes describe market competition of dog-eat-dog, but that metaphor has nothing to do with markets and everything to
