The Founding Fathers and Democracy

The Founding Fathers and Democracy

Democracy means unlimited majority rule. The majority may do as it pleases simply because it is the majority. Under democracy the individual is subservient to the majority, that is, the collective. Democracy is a form of collectivism. Collectivism holds that...
The Altar of Government Schools

The Altar of Government Schools

Rational parents want what is best for their children. Such parents recognize that their primary responsibility is to raise their children to be independent, rational adults. A significant part of this responsibility is to provide the child with the necessary...
Regulations Impede Rationality

Regulations Impede Rationality

A liberal friend was recently lamenting personnel decisions being made at her workplace. I pointed out that, in a free market, irrational decisions are ultimately punished in the marketplace. But, she replied, most people aren’t rational, and therefore we need...

What About the Poor?

A common question, when discussing capitalism, is: What about the poor? In other words, won’t the poor be helpless and hopeless in a capitalist society? The premise underlying such questions is altruism. According to altruism, we have a moral duty to serve others....
Abolish Public Schools

Abolish Public Schools

In recent years, it has become increasingly popular to argue that government should be operated more like a business. As an example, a manifesto written by sixteen public school executives explains how to fix public schools: Let’s stop ignoring basic economic...
The Fallacy of “Living Wage”

The Fallacy of “Living Wage”

If the advocates of the “living wage” are truly convinced that arbitrary government dictates have no detrimental consequences on jobs, why don’t they advocate a “prosperity wage”? Instead of legislating a wage that allows families to “get by,” why don’t they legislate...

Lobbying and Political Power

We regularly hear about the corrupting influence of money on the political process. Politicians of both parties eagerly endorse, and pass, campaign finance “reform” to limit donations, and then are equally eager to find ways to skirt the law to finance their next...
Who Owns Your Life?

Who Owns Your Life?

One of the most important and far reaching questions in moral philosophy is: Who is the proper beneficiary of an individual’s actions? There are only two possible answers to the question: The individual taking the action, or others. “Others” may mean the community,...
Capitalism is Good in Theory and in Practice

Capitalism is Good in Theory and in Practice

Upon hearing an argument for capitalism, many respond, “That is good in theory, but it would never work in real life.” Such a statement is wrong in both theory and in practice. (And it is actually an example of a fundamental philosophical error–the mind/body...
The Pacific Railway Act and the Interstate Commerce Act

The Pacific Railway Act and the Interstate Commerce Act

In 1887, Congress created the first federal regulatory agency by enacting the Interstate Commerce Act. As has often been the case since that time, the act was a response to the problems created by previous government interventions. Under the Pacific Railway Act,...

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