All Posts Tagged With: "profit"
Sardines at Midnight
Sardines at midnight? If the mood should strike me, I can zip down to the local Safeway store here in Belmont, California, which is open 24/7, and be back with a can in 20 minutes. My biggest problem would be choosing from among Thai, Canadian, Polish, or Norwegian sardines packed in water, olive oil, tomato-basil, [...]
24Aug2011 | Warren C. Gibson | 3 comments | ContinuedGovernment, So Five Years Ago!
It’s not reasonable to expect government programs to be efficient or innovative.
23Aug2011 | Sandy Ikeda | 11 comments | ContinuedThe Morality of Profit
Tom Palmer nicely explains the morality of profit from voluntary exchange in this excellent video from the Atlas Foundation.
18May2011 | Sheldon Richman | 11 comments | ContinuedOil Tax Breaks Survive Senate Vote
“The Senate on Tuesday blocked a Democratic proposal to strip the five leading oil companies of tax breaks that backers of the measure said were unfairly padding industry profits while consumers were struggling with high gas prices.” (New York Times) Discretion in the hands of politicians is dangerous. FEE Timely Classic “Tax Breaks Aren’t Subsidies” [...]
18May2011 | Foundation for Economic Education | 1 comment | ContinuedThe Private Road to Freedom
There is not a state in the union that does not struggle from year to year to build and maintain roads in something resembling an efficient, timely, or competent fashion. State legislatures and city governments raise only a chuckle from their constituents when suggesting that this time, this budget, they will get it right. In [...]
29Jun2010 | Scott McPherson | 1 comment | ContinuedFrustrating Michael Moore
If Michael Moore would study a little political economy he might turn into a potent champion of individual liberty. As we see in Moore’s new movie, Capitalism: A Love Story, Moore is offended by some truly offensive things: banks engaging in wild speculation without concern for the risk, taxpayer bailouts for banks and other businesses, [...]
1Jan2010 | Sheldon Richman | 6 comments | ContinuedObama’s Health-Insurance Cartel
President Obama and other advocates of nationalized health insurance have tried a variety of sales pitches, which indicates their difficulty in getting traction with the public. The latest is “competition and choice.” Who could be against those things? Well, Obama for one, followed by House Speaker Nancy Pelosi, House member Barney Frank, and everyone else [...]
21Aug2009 | Sheldon Richman | 0 comments | ContinuedTGIF: Obama's Health-Insurance Cartel
President Obama and other advocates of nationalized health insurance have tried a variety of sales pitches, which indicates their difficulty in getting traction with the public. The latest is”competition and choice.” Who could be against those things? Barack Obama for one. The rest of TGIF is here.
21Aug2009 | Sheldon Richman | 1 comment | ContinuedMust-Read on Health Care
I exaggerate only slightly — and I mean slightly — when I say that all you really need to read on the healthcare debate is Steve Horwitz’s Freeman article “Profit: Not Just a Motive.”No one who is ignorant of these arguments can be counted as a serious participant in the debate.
17Aug2009 | Sheldon Richman | 0 comments | ContinuedAre the Rich Necessary? Great Economic Arguments and How They Reflect Our Personal Values
George Leef is book review editor of The Freeman. In my high school days I had a friend who had been thoroughly imbued with the socialist mindset. He was willing to concede there might be some adverse consequences if the government went too far toward equality and economic control, but was adamantly in favor of [...]
2Mar2009 | George C. Leef | 0 comments | ContinuedWhere Did All Those Potatoes Come From?
Are we running out of farmland? Worried about all those new houses being built on large lots, land that was previously farmed? Will there be enough food to go around? You may want to relax, enjoy that second helping at the supper table, and let the marketplace do its thing. Why, you might ask, such [...]
1Mar2003 | David A. Hendersen | 0 comments | ContinuedThe Theory of the Corporation
Ever a topic of dispute for observers of capitalism, the corporation has been undergoing increased scrutiny in the light of current business scandals. While other forms of capitalist enterprise, such as partnerships and single proprietorships, have avoided some of the wrath of socialist agitators, the limited-liability corporation, public or private, has had to endure the [...]
1Mar2003 | Norman Barry | 1 comment | ContinuedWorkin’ on the Chain Gang: Shaking Off the Dead Hand of History by Walter Mosley
Ballantine Books • 2000 • 118 pages • $16.95 Walter Mosley, author of the Easy Rawlins mysteries, departs from the detective genre to offer us Workin’ on the Chain Gang: Shaking off the Dead Hand of History. This economic diatribe is part of Ballantine’s misnamed “Library of Contemporary Thought,” for there is nothing contemporary about [...]
1Jun2001 | E. Frank Stephenson | 0 comments | ContinuedSacrificing Lives for Profits
I pointed out in my last column that despite what people commonly say about how human life is priceless, they put a price on their lives every day with their actions. People take chances that shorten their life expectancies to do things that are fun, and for the convenience and savings of not taking every precaution possible.
1Nov2000 | Dwight R. Lee | 1 comment | ContinuedJames F. Lincoln: Industrial Peacemaker
Daniel Hager is a freelance writer in Lansing, Michigan. The dichotomy between labor and management does not actually exist. Enlightened self-interest eliminates contentious factionalism in employment relations. Unfortunately, government has intervened in the workplace to convert it into a battleground and to institutionalize coercive conduct that is akin to warfare. The victims are consumers and [...]
1Apr1999 | Daniel Hager | 1 comment | ContinuedY2K and Entrepreneurial Error
“No businessman in the real world is equipped with perfect foresight; all make errors.” —Murray N. Rothbard[1] Over the past year, I’ve been involved in a series of debates over the impact of the Year 2000 Problem, the potential collapse of computers—and perhaps of the economy—owing to the fact that since computer programs use two [...]
1Mar1999 | Mark Skousen | 1 comment | ContinuedBill Gates, Philanthropist
Let’s review the familiar refrains on charitable giving. Social democrats criticize tycoons for not giving more of their wealth to charities. Business people are repeatedly admonished to “give something back.” The implication is that commercial profits are taken from others, and decency demands that the lucky takers return at least part of their booty to [...]
1Jan1998 | Donald J. Boudreaux | 0 comments | Continued-
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