There’s a very simple test you can apply to determine whether or not a market transaction is exploitative: If the transaction is made voluntarily and offers a better alternative to the parties involved, the transaction is not exploitative; If the transaction is made coercively and offers a worse alternative to one of the parties involved, the transaction is exploitative.
Day: April 1, 2021
The Great Political Stagnation
The last 25 years have delivered amazing economic and technological progress for humanity. *Political* progress, in contrast, is hard even to detect during this period.
Never Give Anything to Government
This past year has been hard on liberty.
It started with world-wide government overreaction to a pandemic. This was still going strong when some focus shifted to choosing a politician to run your life.
Recently, as the pandemic hype began to fizzle i…