On the one hand, housing advocates and public officials decry the state’s housing shortage. On the other hand, they continue to advocate for more controls and restrictions to be piled onto the shoulders of housing producers.
The demands that Federal Energy Regulatory Commission (FERC) is placing on pipeline developers is significant and with no timeline, the uncertainty created is delaying new projects that are needed for both export and domestic purposes at a time when the administration is using every tool in its “whole of government” approach to make domestic energy harder to finance, produce, transport and consume.
The uniformity-of-profit principle explains how the activities of all the separate business enterprises are harmoniously coordinated so that capital is not invested excessively in the production of some items while leaving the production of other items unprovided for.
The Progressive framework relegates the individual to second-class status. The collective reigns supreme.
After thwarting the oil industry by banning pipelines and new oil and gas leases after his inauguration, Biden’s recent proposals are watered-down varieties of the failed policies that created the multiple gas crises that rocked the nation in the 1970s.
Among the best tennis players of all time, and also possibly the healthiest human being on the planet who is obsessive-compulsive about his fitness, Djokovic was unable to play in the Australian Open because he refused to take a Covid vaccine. Now he faces the repeat prospect of the Biden administration barring him from entering to compete in the US Open, even though unvaccinated Americans can compete.
Social media companies are not a threat to free speech. Governments that do not respect property rights are.
The best way to begin to understand the functioning of the price system, and thus the full nature of the dependence of the division of labor on capitalism, is by understanding the following very simple and fundamental principle. Namely, there is a tendency in a free market toward the establishment of a uniform rate of profit on capital invested in all the different branches of industry.
The gradual rise of the 4th branch of government (the administrative “deep state” bureaucracy) which is very much the most powerful branch – has reduced the American political process to mere theater as compared with the real activity of government, which rests with the permanent bureaucracy.
CAPITALISM REVIEW