Steven Horwitz recently wrote a lucid and pithy piece for The Freeman called Profit: Not Just a Motive that you must read. It is particularly timely because Big Government proponents have, as of late, been railing on “for-profit” institutions, attacking the “profit motive” and claiming that profit-seeking leads to delivery of poor service (of all […]
Continue reading...26. August 2009
Language is the most powerful tool we have to expose and undermine Big Government. It is also the most powerful tool Big Government has to crush Small Business. Over the last few weeks Congress and the Administration have been trying to call government takeover of health insurance and health care “competition”. They have hijacked words […]
Continue reading...21. August 2009
One way to provide universal health insurance coverage is to force people to buy it for themselves. Another way to get it is to force employers to pay for their employees’ coverage. Or, you could do both. That’s what Massachusetts tried and that’s what the federal government wants to do. Seems that Massachusetts would be […]
Continue reading...12. August 2009
Last week I attended a luncheon with some other small business people to hear the Arizona State Treasurer address Arizona’s private and public economic status. The Treasurer pulled no punches. The state legislature is deadlocked over the budget and barring either immediate spending cuts or an immediate tax increase the state is 30-60 days away […]
Continue reading...3. August 2009
Cash For Clunkers is an economically unsound program that will only make the American economic situation worse. It transfers wealth from one group of people to another while simultaneously destroying real wealth and misallocating scarce capital away from its best use. To understand why this is, you need only understand the Broken Window Fallacy.
Continue reading...
27. August 2009
10 Comments