The Rich – Poor Gap

Editor’s Pick. Written by Slappy Jones II. Every now and then I come across an article or hear someone on the radio talking about the gap between the rich and the poor getting larger. They’ll typically throw out a stat saying something like “The economy grew X amount, and the top 1% saw 90% of…

Nurturing Peacefulness

Editor’s Pick. Written by Kerry Spina. Just the word ‘stress’ can make our heart pound, thoughts run wild and body react. Peacefulness is a virtue that can bring the opposite reaction to stress. Balance is restored and nurtured with peacefulness. Peacefulness gives us permission to rest and care for ourselves. It fosters harmonious and respectful…

Hierarchy or the Market

Editor’s Pick. Written by Kevin Carson. In an article in last June’s Freeman (2007), I applied some ideas from the socialist-calculation debate to the private corporation and examined the extent to which it is an island of calculational chaos in the market economy. I’d like to expand that line of analysis now and apply some common…

The Myth of Market Failure

In the language of economics, a market failure is, as David Friedman writes, “a situation where each individual correctly chooses the action that best accomplishes his objectives, yet the result is worse, in terms of those same objectives, than if everyone had done something else.” As a rule, the pursuit of individual good in the market brings no such negative result. On the rare occasions when rational individual actions lead to regret by those same individuals, the result is labeled “market failure.”

Rights in Context

Send him mail. “The Self Owner” is an original weekly column appearing every Wednesday at Everything-Voluntary.com, by Spencer W. Morgan. Spencer is a husband and father, and has studied History and Philosophy at the University of Utah. Archived columns can be found here. OVP-only RSS feed available here. In last week’s column, I wrote about…