Capitalism involves far more cooperation than competition—think of the number of mutually beneficial transactions you’ve had today compared to the number of competitions you’ve been in today– Chris Freiman, author of Why It’s OK to Ignore Politics
Democratic socialists sometimes object to capitalism on the grounds that it’s unduly competitive but democracy also looks pretty competitive to me– Chris Freiman, author of Why It’s OK to Ignore Politics
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My article against Memorial Day drew a lot of ire and attention. This should not have been surprising; I was making a controversial statement. What did surprise me, however, was that many critics were self-described libertarians or former libertarians. There were many...
https://youtu.be/ZwWHjYVY4tg In the private sector, firms must attract voluntary customers or they fail; and if they fail, investors lose their money, and managers and employees lose their jobs. The possibility of failure, therefore, is a powerful incentive to find...
Myth #1: Libertarians believe that each individual is an isolated, hermetically sealed atom, acting in a vacuum without influencing each other. This is a common charge, but a highly puzzling one. In a lifetime of reading libertarian and classical-liberal...
