The fundamental reason for appeasing the critics of business is that company executives lack the moral argument for defense. As Ayn Rand argues in ‘The Sanction of The Victims,’ most business leaders have accepted the moral code of altruism.
If these regulations are an unnecessary hindrance for those recovering from the wildfires, why are they necessary at all?
Congratulations to you. In no particular order, here are some public policy recommendations.
The decision by the Israeli government to make significant concessions to the Hamas kidnappers should never be called a “deal.” It was an extortion.
Decades of ossification, political interference, and financial losses have left USPS in unsustainable position.
What explains the curious lack of economic progress in the EU over the past 16 years? Adam Smith has the recipe.
Although the incoming Trump administration says it will cut taxes, reduce regulations, and slash wasteful government spending—all of which are good things—it also intends to enact an industrial policy to bolster US manufacturing, using interventionist tools such as tariffs, subsidies, Buy American rules, and similar commands—all of which are bad things and inherently anti-liberty.
A new edition of the Intelligent Investor integrates Graham’s classic insights with today’s market realities.
