We speak of the “economy” as though it produces goods. Yet, the term really is a fiction, as purposeful individuals working in cooperation with each other are the real producers.
Category:
World News
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Arbitrary and undefined terms like “fair wage” and “living wage” fundamentally misunderstand the nature of work how wages are determined.
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In a true free market economy, credentials would not matter, and certainly not to the extent that they matter today. Credentialism, unfortunately, is a product of government interventionism.
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Daniel Lacalle joins Bob to tout the BBB as a pro-growth piece of legislation that is as good as libertarians are going to get.
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Mark Thornton breaks down Murray Rothbard’s theory of interventionism: why free markets lift all boats, and government meddling sinks them.