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
Category: Milton Friedman
Free Markets Are a Prerequisite for Art and Charity
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
An Evening With Bastiat
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
What Would You Say, Ya Do, Here?
Just a short thought prompted by an exchange I had recently on Facebook with a former student of mine. When it comes to Labor, there's a difference between Value and Activity. In the free market, Value is determined by the Consumer. Whoever is buying decides if the good or service offered has enough Value to … Continue reading What Would You Say, Ya Do, Here?
Why do you make so much trouble, arguing with your friends?
It seems nowadays having strong opinions about anything can get you into deep trouble. Not only do you risk offending the people who challenge your views, but there are countless others that don’t say anything and simply write you off or agree to disagree with you. (click - unfriend button). Not sure why this is. … Continue reading Why do you make so much trouble, arguing with your friends?