Monthly Archives: October 2012

Storm Economics in One Lesson | Laissez-Faire Bookstore

Storm Economics in One Lesson | Laissez-Faire Bookstore. This amazing article by Jeffrey Tucker explodes, like, five fallacies in one essay.  Every time there’s a natural disaster, the economic know-nothings come out in force to spew nonsense about how it … Continue reading

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Legalize. Don’t Tax. Don’t Regulate.

One of the most appealing aspects of libertarian political philosophy is that it demands the legalization of all victimless crimes.  Those within the liberty movement celebrate as legalization of various currently prohibited activities (drugs, gambling, prostitution) tends to slowly gain … Continue reading

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The Republican Rape Dilemma – Mark Davis – [page]

The Republican Rape Dilemma – Mark Davis – [page]. Libertarians are on both sides of the “abortion issue.”  The point of this post is not to take sides on the issue of whether or not abortion should be legal or … Continue reading

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Outsourcing Is Good

This excellent short video by the Cato Institute does an excellent job describing how outsourcing benefits Americans.  Very relevant to the recent posts on labor markets, as well as the economic nonsense being peddled by the two Presidential candidates.

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Why Not “Equal Pay for Equal Goods?”

Now that we’ve established that labor markets aren’t special, it’s time to extend this reasoning to the “equal pay for equal work” discussion. If labor is a good that is exchanged just like any other, than we can easily make … Continue reading

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Labor Markets Aren’t Special

The laws of economics are universal.  They apply to all markets, everywhere, at all times.  At times, governments or other hostile forces may restrict certain markets in particular ways to cause them to be unique, but the general laws still … Continue reading

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What Would Bastiat Do?

In relation to the “equal pay for equal work” discussion, this quote seems relevant: “Socialism, like the old policy from which it emanates, confounds Government and society. And so, every time we object to a thing being done by Government, … Continue reading

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