So which is more effective in keeping us—as customers and employees—safe: the government bureaucrat with no personal incentive, or the businessman, whose profits and reputation depend on the safety and satisfaction of his employees and customers?
Politicians and bureaucrats continue to push and implement the most infuriating and misguided regulations and policies they can dream up.
So-called “price gouging” is a gimmick used by politicians and the media to rally supporters and viewers.
How government regulation (controls) turned the COVID-19 health issue into a full-blown pandemic.
In normal times the government supports many bad, irresponsible, and unjust policies, driven in part by perverse incentives. Not the least of these is an imprudent eagerness to please special interests. Emergencies and the resulting panic only further loosen whatever weak restraints there normally are against government misbehavior and malfunction.
Freelance jobs are "feudalism," says California Assemblywoman Lorena Gonzalez. She persuaded California's legislature to pass a new law reclassifying freelance workers as employees. That means many people who hire them must now give them benefits like overtime,...
Licensing requirements generally restrict the supply of services in the licensed industry by prohibiting some perfectly competent workers from working as providers.
The government’s restricting Uber’s, its drivers’ and riders’ freedom of choice is immoral.
Byzantine state laws demand you get a state-approved license before you may become a hairdresser, tour guide, travel agent, house painter and all sorts of other jobs where customer happiness should be the guide.
Every excessive rule repealed is a step in the right direction: toward freedom.
The Founding Fathers, says Bargil, “recognized that the ability to fine is the ability to cripple. It’s one of the ways, other than incarceration, that government can really oppress.”
Can’t we just leave government out of it and let employers and employees work this out to meet individual needs?
The lesson is that if you don’t want politicians destroying your business, you must go to Washington to give them money. Kiss their rings.
In our evaluation of the conflict between industrial greenhouse gas emitters and coastal property owners—as in all others—economics serves as a complement to considerations of justice. And the Coasean approach affords us a valuable one.
Those most harmed by the government initiation of force which the supply management represents, are the Canadian consumers.
Cannabis companies, like alcohol producers, voluntarily trade with others, including their customers who want to consume their products.
The best way to spur ethical conduct by banks—trading value for value with their customers—is to deregulate banking.
Financial systems, like economies generally, are organic entities. They must be allowed to flourish in a natural way.
Government should get out of regulating business at all, including regulations on product safety, emissions, and dealing with industrial waste.
While it is too late to prevent the damage in Fort McMurray now, the solution to minimizing losses from fires in the future is to sell the government forests and let private owners manage them for long-term profitability—by protecting their own property and respecting the property rights of others (through good property management to reduce the fire hazard).
The taxi lobby had called for everyone to be equally regulated. Instead, the commissioners made everyone equally free.
America became the most innovative and prosperous nation in history because many Americans were adventurous, individualistic people willing to take big risks to discover things that might make life better.
The problems startups have in raising capital caused by securities regulation.
In free markets with a strong protection of individual rights by the government, competition weeds out bad products and bad companies.
Like this content? Subscribe to support our work — it's free.
Read by students, professors, and citizens, Capitalism Magazine provides over 9,000 free to read articles and essays from pro-reason, individual rights perspective. 100% independent.
No spam. Unsubscribe anytime.