Consistent free-market advocates — and not just professional economists — are not only enthusiastic about their preferred system of political economy; they are very enthusiastic. At least part of that enthusiasm is fueled by a well-grounded conviction that the general level of prosperity would be unprecedentedly high if people were free to engage in peaceful production and exchange without forcible interference by the state or freelance aggressors. This enthusiasm is found in two broad categories of radical free-market advocates, or libertarians: those who regard themselves as consequentialists and those who regard themselves as deontologists. But what if, writes Sheldon Richamn, we suspended disbelief and supposed that free markets could reasonably be expected to impoverish most people while benefiting only the few? What then?
Biden's Nominee to Head the ATF, Who Wants Congress to Ban 'Assault Weapons,' Says He Can't Define Them
David Chipman's obfuscation, like the president's vagueness, is aimed at concealing the illogic of targeting firearms based on their "military-style" appearance.
Biden's Latest Round of Student Loan Debt Forgiveness Is an Indictment of Federal Higher Education Subsidies
Thirty-five years after Bill Bennett sounded the alarm about student loan defaults, we still haven't learned a damn thing.
Dr. Lee Gross' direct primary care practice takes the complexity and unaffordability out of health care.
Rules range from absurd to appalling without respect for civil liberties or basic logic.
Warren Lent is suing the California Coastal Commission, arguing that its power to unilaterally hand down massive fines with minimal process is unconstitutional.