Quality. It's a hugely subjective measurement. Some may argue there are universally accepted standards for what's considered to be "good" quality vs. "poor" (eg. your local FDA bootlicker). I would argue that Beauty is in the eye of the Beholder. Many people mistake Price for Quality. In a Free Market, Price only indicates the intersection of … Continue reading Quality and Free Markets
Gotta capture this one for the books. This week started off with a viral video clip of Dr. David Dao's violent removal from Flight 3411 because, though the flight was NOT overbooked, 4 airline employees needed the seats to get to Louisville for other flight duties. So after an unsuccessful attempt at offering up to … Continue reading Anyone Want to Fly United?
Any reputable economist will tell you that the cure for racism, sexism, and religious xenophobia is not regulation or more government but the Free Market. When I buy a digital song or a car or a pair of jeans or a TV or a house or some chimichangas, I am unknowingly supporting millions of people … Continue reading A quick thought on the additional benefits of the Free Market
Catching up on some of the news this week. Aside from the hilarious, abysmal failure of Obamacare Lite (aka the American Health Care Act (AHCA), the budget has been getting a lot of publicity. I realize some of my readers are not number crunchers, so for this post, I'll refrain from digging into those details … Continue reading Free Markets Are a Prerequisite for Art and Charity
Yesterday, my wife and I attended a lecture hosted by the Charlotte chapter of the Bastiat Society. I was thrilled to learn there was a local chapter in Charlotte and even more excited to learn there was a free lecture being given on Capitalism. Those who don't know, Claude Frédéric Bastiat was a 19th century … Continue reading An Evening With Bastiat