Tag Archives: coercion

The Social Functions of Profits

Profit seekers — those just after a quick buck — are often derided as being anti-social, as harmful to the interest of society at large. Common objections to profits themselves are that they are unearned, that they drive up prices … Continue reading

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There has not been a successful terrorist attack in the United States for nearly 10 years. I am sure it is not for a lack of trying. In the meantime, the federal government has usurped more control, expanded the occupation … Continue reading

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Resolving the Shire Society Dispute

In some respects, I agree with both sides in the heated L. Neil Smith-Shire Society intellectual property dispute. There has been some childish name-calling from each camp, although Smith’s has been far more harsh. The controversy stems from the creation … Continue reading

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We All Fall Down?

As the famous nursery rhyme goes, “Ring around the rosey, // A pocket full of posies // ashes, ashes. // We all fall down.” So the scare goes, which some believe will happen when or if the federal and state … Continue reading

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Kagan and the Constitution

It is frustrating having politicians talk about rights. Last week, Supreme Court Justice nominee Elena Kagan, the White House’s solicitor general, was being questioned by Sen. Tom Coburn (Okla.) about natural rights. The day before, he had unsuccessfully tried to get … Continue reading

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‘Sticky’ Government and Immigration

One of John Maynard Keynes’ criticisms of the market mechanism was what he called “sticky” wages. He claimed that the market for employment does not work as efficiently as previously thought, because employees are reluctant to accept lower wages. He … Continue reading

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