One of the problems has been that government has also decided that the tax system can be used as a handy incentive to prod businessmen and individuals into doing supposedly desirable things.
When competing services are available, people have a choice. Competition changes freedom from an empty battle cry into a vital part of everyday life.
In its loopholes, the federal income tax shows bias in favor the low (or no) producer and against the high producer and earner.
Granted that the free market is a buttress of liberty, a coordinator of free collaboration, is it a self-sustaining mechanism in a deeper sense?
While we have had short periods where inflation rates have been more intense, a decade of 5 percent plus average inflation is without precedent in the history of the Republic.
You will find me critical of most of the work now being done on the nature of the urban crisis and of the public policies proposed to ease that crisis.
If the benefits of price and wage controls have been largely illusory, the costs have been very real.
“My topic is the question ‘Will Capitalism Survive?’ and it might well be subtitled, ‘Joseph Schumpeter Revisited.’”
When economic nationalism runs rampant and international trade and commerce disintegrate, a worldwide depression is unavoidable.
We shall scan the span of human affairs, hoping to find some help on that eternal question of the extent and form of one's obligations to his fellow men.