Discomfort and Agony

Physical discomfort can be a problem. It really can. I have slept lying in cold, standing water. I’ve had a kidney stone so painful I was curled into the fetal position on the floor. And don’t even ask about the bike wreck when I was 12, and its aftermath! Makes me shudder to remember! And there have been various other painful or uncomfortable times besides those. But the psychological pain of being violated on a daily basis by statists and other archators is just as real. But statists can’t see any possible way they are causing pain, and if they do, they don’t care. It’s “worth it” to them.

At the Heart of Protectionism is a Fear of Prosperity

The primal man-in-the-street fear of free trade – and fear of other labor-saving innovations – is a fear rooted in a completely mistaken understanding of reality. It is a fear that we humans (or at least we in our country) are on the verge of conquering scarcity and of transforming the world (or at least our country) into one of superabundance. This fear is truly irrational.

Human Evil and the Free Market

It is very common to assert that the advocates of the purely free market make one fundamental and shaky assumption: that all human beings are angels. In a society of angels, it is commonly agreed, such a program could “work,” but not in our fallible world. The chief difficulty with this criticism is that no libertarian—except possibly those under Tolstoyan influence—has ever made such an assumption.

Why Does the Minimum Wage Debate Never End?

Has any science ever devoted so much time, effort, and cleverness to elaborate attempts to determine whether or not a central and indisputably correct tenet of that science – a tenet used without question to predict outcomes in general – fails to work as an accurate predictor for one very specific, small slice of reality as has been devoted by economics over the past two decades to determine whether or not the law of demand works to accurately predict the effects of minimum wages on the quantity demanded of low-skilled labor?