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If the laws of economics are either unknown or not heeded, the inevitable penalty will be an economy of scarcity and poverty.
The laws of nature are expressions of the will of God. You cannot monkey with them without suffering the consequences.
Libertarians know what should be done about government services and operations: they should be privatized. What should be done in the meantime?
Free MarketsGlobal Economy
No matter if its Asia, Europe, Africa, or the Americas, the link between economic liberty and economic growth is undeniable.
Bureaucracy and RegulationFree MarketsEntrepreneurshipValue and Exchange
Calls for finding efficiencies in government by electing or appointing people to “run it like a business” are futile.
Free MarketsGlobal EconomyLabor and Wages
The answer to why people continue to work in such deplorable conditions is pretty simple: they don’t have any other options.
Wealth stems not from spending, but from production. Declines in production are be remedied by frugality, intelligence, activity, and freedom.
Corporate WelfareFree MarketsOther Schools of Thought
Well look what happens if you actually call Krugman’s bluff and click on the link.
Liberal capitalism enables a degree of peace, harmony and respectful tolerance of the choices and ways of honest living for everyone in society to which nothing else compares.
Free MarketsLabor and Wages
So impressive is compensation in the U.S. that even fast food businesses are bidding up wages to compete.