Friday, January 31, 2025

TGIF: Birthright Citizenship and the Constitution

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All persons born or naturalized in the United States, and subject to the jurisdiction thereof, are citizens of the United States.... — U.S. ...
2 comments:
Friday, January 24, 2025

TGIF: Why McKinley?

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Now what will hasten the day when our present advantages will wear out and when we shall come down to the conditions of the older and densel...
Friday, January 17, 2025

TGIF: The H-1B Controversy

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Does anyone still believe that the market process should set prices, including wages? Apparently not. Take the controversy surrounding the H...
1 comment:
Tuesday, January 14, 2025

Production Is Spiritual, Not Material

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"Production is not an act of creation; it does not bring about something that did not exist before. It is a transformation of given ele...
Friday, January 10, 2025

TGIF: Efficient Bureaucracy?

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With all the talk about government efficiency, it would be useful to remind ourselves why bureaucracies differ radically from for-profit bus...
1 comment:
Saturday, January 04, 2025

Competition Is Cooperation

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"The pricing process is a social process. It is consummated by an interaction of all members of the society. All collaborate and cooper...
Friday, January 03, 2025

TGIF: Capitalist Exploitation or Interest?

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The completely just proposition that the worker is to receive the entire value of his product can be reasonably interpreted to mean either t...
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Crucial Economic Calculation

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"The advocates of totalitarianism consider 'capitalism' a ghastly evil, an awful illness that came upon mankind. In the eyes of...
Thursday, January 02, 2025

Which Came First: The Individual or the Group?

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"It is illusory to believe that it is possible to visualize collective wholes. They are never visible; their cognition is always the ou...
Wednesday, January 01, 2025

The Socialist Spirit

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"Of course, not Marxists alone, but most of those who emphatically declare themselves anti-Marxists, think entirely on Marxist lines an...
Tuesday, December 31, 2024

Production for Profit Is Production for People, part 2

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"In his capacity as a businessman a man is a servant of the consumers, bound to comply with their wishes. He cannot indulge in his own ...
Monday, December 30, 2024

Production for Profit Is Production for People

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"Profit and loss can be expressed in definite amounts of money. It is possible to ascertain in terms of money how much an individual ha...
Sunday, December 29, 2024

Freedom and Competition

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"The freedom of man under capitalism is an effect of competition. The worker does not depend on the good graces of an employer. If his ...
Saturday, December 28, 2024

Pseudo-Liberalism

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"The detractors of liberty are in this sense right in calling it a 'bourgeois' issue and in blaming the rights guaranteeing lib...
Friday, December 27, 2024

"Mature Capitalism" Ain't Capitalism

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"It would be correct to describe this state of affairs in this way: Today many or some groups of business are no longer liberal; they d...

TGIF: Social Cooperation Versus Violence

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The chilling photo of a hooded man cold-bloodedly executing a health-insurance CEO on a busy New York City street should make any decent per...
1 comment:
Thursday, December 26, 2024

Protecting Vested Interests

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"There were and there will always be people whose selfish ambitions demand protection for vested interests and who hope to derive advan...
Wednesday, December 25, 2024

From Savagery to Civilization

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"The market economy is a man-made mode of acting under the division of labor. But this does not imply that it is something accidental o...
Tuesday, December 24, 2024

What Corporatism Actually Is

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"The fundamental idea both of guild socialism and of corporativism is that every branch of business forms a monopolistic body, the guil...
Monday, December 23, 2024

Good Plan Means My Plan

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"All this passionate praise of the supereminence of government action is but a poor disguise for the individual interventionist’s self-...
1 comment: