The taxi lobby had called for everyone to be equally regulated. Instead, the commissioners made everyone equally free.
The danger from the seemingly reasonable pragmatism that President Obama proposes as the norm and ideal for a middle or “third way” between capitalism and socialism is that is constantly moves society away from the competitive market economy and individual liberty and more and more in the direction of greater and more government planning and control over facets and corners of our lives.
International trade operates under the same general principles as domestic trade.
Nothing opens the closed minds of administrators better than the sounds of pocketbooks snapping shut.
Islamic radicals are the ones who seek to take us back to another dark ages.
The marginal utility of human work does not diminish, as the number of workers increases. As the size of a market grows, the value of firms and workers within it rises.
Despite the increased use of fossil fuels, toxic pollution has already decreased significantly, and the availability of clean water has increased—thanks to human ingenuity and innovation.
When Congress creates a special privilege for some Americans, it must of necessity come at the expense of other Americans.
The road from political, economic and social individualism to collectivist identity and privilege through group competition for political power is what has brought us to our current political crisis as captured in this year’s presidential campaign.
True self-interest cannot involve cynical exploitation of others through initiation of physical force or fraud
You don’t have to like Donald Trump, or his positions, to be uspet about what’s happening to freedom of speech and association in America.
What actually makes for a more just society experiencing greater opportunity, improved conditions and rising standards of living for virtually all over the long run? In a nutshell, three words: freedom, competition and trade. These are Adam Smith’s “open sesame” to alleviate poverty, privilege, and inequity in society.
Madison, who would become known as the “Father of the Constitution,” argued that in a pure democracy, “there is nothing to check the inducement to sacrifice the weaker party or an obnoxious individual.”
Individualism and Capitalism vs. Marxian Gender and Race Conflict: Trigger Words and College Safe Spaces
In our post-Soviet era, the Marxian framework and mind games have been transformed into issues concerning “gender” and “race” as well as “social class.”
What binds the people of a truly free society together are a vision and an overriding value on the right of the individual to his life, liberty and honestly acquired property.