The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design. – F.A. Hayek
Posted in Welfare State on Apr 19th, 2007
Thirty percent of Gross Domestic Product will be extracted as tribute by Federal, state and local governments this year. This burden merely scratches the surface of the full-costs associated with administering American government. Opponents of ratification of the U.S. Constitution by the Pennsylvania Convention in 1787 wrote that, “By virtue of their power of taxation, [...]
Posted in Uncategorized on Apr 17th, 2007
Confiscation Day Three thoughts as you pay your taxes today: Ironically, criticism of capitalism on the grounds that workers are wage slaves – when a minority of the population controls non-human components of production that workers use to produce goods – is connected to the belief that one should have freedom to work without a [...]
Posted in Paternalism on Apr 10th, 2007
Government Created the Charity Gap This was run on Friday, April 13 in the Wall Street Journal Editor, The Wall Street Journal Dear Editor: Sheryl Sandburg puzzles why such a small percentage of charitable giving is ultimately directed at the poor, despite people’s stated intentions to do so (“ The Charity Gap ”, April 4, [...]
Posted in Health Care on Apr 4th, 2007
I guess the folks in Congress decided to pay heed to my article. And people want them to run our health care system?
Posted in Paternalism on Apr 4th, 2007
When Being Right Does Not Make Me Want to Gloat First they came for the liquor … Then they came for the drugs … Then they came for the cigarettes … Then they came for the hamburgers … Now they are after the aluminum bats. Are they kidding me? Does it matter that many of [...]
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