All Posts Tagged With: "market"
Power and the Market
The ultimate countervailing power is not the State but the combination of market competition and social activism.
2Jun2011 | Steven Horwitz | 18 comments | ContinuedGovernment Can’t Regulate Just One Side of the Market
Regulations on sellers are necessarily regulations on buyers, and regulations on buyers are necessarily regulations on sellers.
3Mar2011 | Steven Horwitz | 10 comments | ContinuedPlenty to Be Thankful For
Despite all of that gloom and doom, there’s still lots of good news to be found.
25Nov2010 | Steven Horwitz | 7 comments | ContinuedFrom 1944 to Nineteen Eighty-Four
A longer version of this article appears here. I’m inclined to think of George Orwell and F. A. Hayek at the same time. Both showed great courage in writing the truth, undaunted by the consequences. Both valued freedom, though they understood it differently. Orwell, a man of the “left,” could not remain silent in the [...]
18Nov2009 | Sheldon Richman | 1 comment | ContinuedLaw Did Not Predate Commerce
Best quote I’ve seen today: Law and commerce were indelibly linked in the thought of David Hume, who argued that it is commerce itself that gives rise to notions of justice between people and peoples. Although commerce is today typically seen as something which is proactively enabled by law, it is much more accurate historically [...]
7Aug2009 | Sheldon Richman | 6 comments | ContinuedFrom Good Samaritan to Robin Hood
The clamor from interventionists against inequality morphs into a clamor for a larger and larger state. This path leads to the loss of liberty and a distortion of both democracy and justice. It distorts democracy because, by attempting to solve inequality, it removes limits to power and expands the field of state action. It distorts justice because the only way to solve inequality politically is for the state to have the power to treat individuals unequally. Thus the struggle to eliminate inequality ends up destroying the most important form of equality for an open society: equality before the law.
10Jun2009 | Carlos Rodríguez Braun | 2 comments | ContinuedGrand Street Never Dies
Mr. Chodorov is editor of The Freeman. Any mortal bearing The Truth may be right, but it is best to be cautious and skeptical Too bad you never knew the Grand Street “coffee saloon”; it was quite an institution before World War I. The coffee served was mostly milk—or it might be tea with lemon, [...]
1Sep1955 | Frank Chodorov | 0 comments | ContinuedFreedom In Transactions
In 1848, a French legislator tried to tell his countrymen how the God-given self-interest of each person benefits the welfare of the group On entering Paris, which I had come to visit, I said to myself—Here are a million of human beings who would all die in a short time if provisions of every kind [...]
1May1955 | Frederic Bastiat | 0 comments | Continued-
The Latest
Contraception: Insuring the Uninsurable
Update below. Controversy rages over the Obama administration’s mandate that all employers – including... Read More
The Snow Plowers’ Petition
The following might have happened in a small college town in upstate New York… In a cold and snowy... Read More
Super Bowl versus Education?
In the spirit of Super Bowl weekend I’d like to deconstruct a Facebook status update that a friend... Read More
Capitalism, Corporatism, and the Freed Market
When a front-running presidential contender tells the country that thanks to Barack Obama, “[w]e are... Read More
Creating Jobs versus Creating Value
Picking on New York Times columnist Paul Krugman is one of the largest participation sports on the Internet.... Read More
