https://youtu.be/G2eSuiXNaaQ Once you accept the principle of government, namely that there must be a judicial monopoly and the power to tax, once you accept this principle incorrectly as a just principle, then any idea or any notion of restraining or limiting government power and safeguarding individual liberty and property becomes illusory. Rather, under monopolistic auspices, the price of justice and protection will continually rise, and the quality of justice and protection will continually fall. A tax-funded protection agency is a contradiction in terms. That is, it is an expropriating...
What War Hawks Would Sound Like If They Weren’t Psychopaths
Modern warfare almost always leads to killing lots of innocents; if governments were held to the same standards as individuals, these killings would be manslaughter, if not murder. This doesn’t mean that war is never justified. But the reasonable hawkish mood is sorrow – and constant yearning for a peaceful path. The kind of emotions that flow out of, “We are in a tragic situation. After painstaking research on all the available options, we regretfully conclude that we have to kill many thousands of innocent civilians in order to avoid even greater evils. This is true even after...
The Free Market Serves the Masses, Governments Commit Genocide
Amazon is simply the best store that ever existed, by far, with incredible selection and unearthly convenience. The price: cheap. Facebook, Twitter, and other social media let us socialize with our friends, comfortably meet new people, and explore even the most obscure interests. The price: free. Uber and Lyft provide high-quality, convenient transportation. The price: really cheap. Skype is a sci-fi quality video phone. The price: free. Youtube gives us endless entertainment. The price: free. Google gives us the totality of human knowledge! The price: free. - Bryan Caplan, Ph.D.,...
Democracy is Mob Rule by the Ignorant, Embrace Free Markets
https://youtu.be/kQToT7640h4 A democratic vote is like the captain of a ship having to consult every passenger about the best course to chart through an approaching storm. – The School of Life, Philosophy in 40 Ideas (2020), p. 13 Watch on Odysee
The Truth About Discrimination – Walter E. Williams
If people are free to discriminate in favor of, or against, a university or wine, what argument can be made against their having that same right with respect to choosing based on the race or sex characteristics of their mates, employees, tenants, or club members? If one shares the value of freedom of association, why should some associations be permitted and others denied? If a man is not permitted to bring a court action against a woman who refuses to deal with him, in form of a dating or marital relationship or for any arbitrary reason she chooses, what is the case for bringing court...
Black Youth Unemployment Before Democrats Started “Helping”
Although most people are familiar with more recent statistics on black youth unemployment, not many are aware of the black/white statistics for earlier periods. Table 3.2 (below) shows that in 1948, the two were roughly equal. For that year, blacks aged sixteen to seventeen had an unemployment rate that was less than whites of the same age-9.4 percent compared to a 10.2 percent. During the same period (until the mid-1960s), Table 3.3 shows that black youths generally were either just as active as whites in the labor force or more so. Since the '60s, both the labor-force participation rate...
Political Discrimination vs. Market Discrimination – Walter E. Williams
Gross racial discrimination alone has never been sufficient to prevent blacks from earning a living and bettering themselves by working as skilled or unskilled craftsmen and as business owners, accumulating considerable wealth. The fact that whites sought out blacks as artisans and workers, while patronizing black businesses, can hardly be said to be a result of white enlightenment. A far better explanation: market forces at work. The relative color blindness of the market accounts for much of the hostility towards it. Markets have a notorious lack of respect for privilege, race, and...
GDP is a Scam, Here’s How to Measure Wealth
https://youtu.be/mYfH_9arsRk In 1981, the cheapest IBM personal computer cost $4,459 (in 2018 U.S. dollars), or 210 hours of labor. An Insignia tablet and keyboard combo cost $120 in 2018, or 5.6 hours of labor. - Ten Global Trends Every Smart Person Should Know, CATO Institute