Democracy: the matching up of people who want free stuff with politicians who promise free stuff. Problem: free stuff as they all imagine it does not exist.
However, it does exist in the market, as explained by Frédéric Bastiat in Economic Harmonies, chapter 8, “Private Property and Common Wealth.” See my discussion of that chapter.
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The other day, my wife made me a sandwich, and I ate it. Who benefitted from this transaction? I enjoyed the good, but my wife did all the work. I like to think I benefitted from the transaction. It’s in the enjoyment of a good that’s the benefit of the good. The...
If you feel like the headlines about Ukraine, Russia, and “energy deals” never add up, you’re not imagining it. We sit down with Larry Johnson to separate political theater from the underlying mechanics that actually move wars and markets and to ask why so many public...
A single debate clip can reveal an entire foreign policy reality: we demand ritual condemnation of October 7, then treat any mention of Gaza’s devastation as taboo. Kyle is joined by Nolan Denaro to unpack a heated Michigan campaign exchange and the bigger story...
