All Posts Tagged With: "consumer sovereignty"
Athletes’ Salaries Too High? Sports Fans, Blame Yourselves
Gene Callahan is the author of Economics for Real People. I was sitting in a sports bar recently when the bartender and three of the patrons near me began discussing the salary of New York Yankee third-baseman Alex Rodriguez. (Rodriguez currently makes roughly $25 million per season.) One of the customers said it was absurd [...]
1Jul2007 | Gene Callahan | 56 comments | ContinuedBusiness and Ethics
The Rev. Edmund Opitz is a contributing editor and a former member of FEE’s staff and board of trustees. This is reprinted from the December 1983 issue of The Freeman: Ideas on Liberty. Mr. X manufactures gizmos in a plant which uses the varied skills of a thousand employees. These people might cheerfully acknowledge that [...]
1Jan2004 | Edmund A. Opitz | 2 comments | ContinuedMoney Talks?
When discussing business dealings, the phrase “Money talks!” often comes up. A similar aphorism is, “He who pays the piper calls the tune.” The idea behind such sayings is that a person who is paying money is the superior of the person receiving the money. The payer gets to determine the nature of the relationship, [...]
1Sep2003 | Gene Callahan | 1 comment | ContinuedBook Reviews – December 2002
Republic.com by Cass Sunstein Princeton University Press • 2001 • 202 pages • $29.95 Reviewed by Andrew Cohen Developing technologies such as the World Wide Web and e-mail have become fixtures in our daily lives. But is the Internet consistent with human flourishing in a free society? In Republic.com, Cass Sunstein, a prominent legal scholar [...]
1Dec2002 | FEE Admin | 0 comments | ContinuedWashing Your Clothes Washington’s Way
Our home is becoming less and less our castle as the government moves in . . . one room at a time. First there was the bathroom. Working toilets were outlawed in 1992 in favor of the environmentally friendly government toilets. (See my “The Federally Mandated Toilet Still Doesn’t Work,” November 2001.) On January 1, [...]
1Jan2002 | Michael Heberling | 3 comments | ContinuedThe Golden Rule and the Free Market
William Peterson is a Heritage Foundation adjunct scholar and Distinguished Lundy Professor Emeritus at Campbell University, Buies Creek, North Carolina. How tantalizing to find that virtually all the world’s major religions exalt the Golden Rule in one way or another: Christianity: All things whatsoever ye would that men should do to you, do ye even [...]
1Jun2000 | William H. Peterson | 0 comments | ContinuedInequality of Wealth and Incomes
Professor Mises (1881-1973), one of the century’s pre-eminent economic thinkers, was academic adviser to The Foundation for Economic Education from 1946 until his death. This article first appeared in the May 1955 issue of Ideas on Liberty, published by FEE. The market economy—capitalism—is based on private ownership of the material means of production and private [...]
1Mar1996 | Ludwig von Mises | 1 comment | Continued-
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