You are here

Philosophy of Voluntaryism 003 – The Unintended Consequences of Taxation (60m)

Philosophy of Voluntaryism 003 is a look at taxation, by Danilo Cuellar and Jim Limber Davis. "The unintended consequences of taxation are nearly infinite. What doesn’t have to be is our nescience about them. By understanding wealth, how it is created, and what its purpose is we can break down the idea of taxation and show the world what it really is: a practice befitting a less civilized, intelligent, and courageous period of humanity’s history." continue reading

How to Feel Profoundly Grateful about the Market

In the real world, prices often seem far above marginal cost. Yesterday, for example, I bought a pair of tweezers for $14.99. But it's hard to see how the marginal cost – metal, electricity, transportation, miscellaneous – could even reach $1.00. That's a markup well in excess of 1000%. If you're steeped in the perfectly competitive model, where price always equals marginal cost, it's easy to feel "ripped off" whenever you make a purchase. continue reading