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.
Tag: government
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…
Gender and Medicine: Two Questions for Arkansas Legislators
As I write this column, Arkansas House Bill 1570 (the “Save Adolescents From Experimentation Act”) awaits the signature or veto of Governor Asa Hutchinson, having passed in the state House on March 10 and in the Senate on March 29. If it became law, the bill would forbid physicians and other healthcare professionals to ” provide gender transition procedures to any individual under eighteen (18) years of age” or to refer such an individual to other healthcare providers for such procedures.
Businesspeople Earn Every Penny
What motivates businesspeople? While the full answer is complex, the basic answer is clear: Money. People run businesses to get richer – and ideally, to get rich. And whenever I get a small taste of the challenges businesspeople overcome, not to mention the disrespect they endure in our society, I have to say that businesspeople earn every penny.
Gender Inequality Isn’t the Problem With the Draft
While draft registration does involve unequal treatment of men and women, the larger issue is Selective Service registration itself.
The Bias against Advertising
People who dislike markets harbor a special animosity toward advertising as cynically controlling. This is not new.
Value, Cryptocurrency, and the State’s War on Both
In a March 24 Yahoo! Finance interview, as the price of Bitcoin hovered above $55,000, Bridgewater Associates chief investment officer Ray Dalio weighed in on the future of cryptocurrency. The two main takeaways from the interview are a little scary, each in a different way.
Gun Owners’ Rights in Danger
Congress has begun another epic crime spree: it is passing new anti-gun legislation and plotting more in the near future. If any of this legislation passes, President Biden will sign it — he’s been bigoted against gun owners his whole political career.
A California Law Allows Union Organizers To Invade Farms Without Permission
Before dawn, dozens of union activists invaded a strawberry farm, shouting through bullhorns. This frightened workers and infuriated the farm’s owner, Mike Fahner, who thought that in America, owning property means you have a right to control access to that property—your home is your castle, and all that. Not in California, where politicians allow union organizers to raid farms.
Mass Murder at Boulder’s King Soopers
It sickens me that someone could murder that many people without being shot dead in the act by 4 or 5 bystanders. But this is the world anti-gun bigots and their legislation have worked so hard to create and perpetuate.