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The funny thing to me is that people have let prohibition carry on so long. Still, it's nice to see smart entrepreneurs bringing exchange of supply and demand peacefully together to the benefit of all. http://www.fastcompany.com/1701584/why-weedmaps-makes-over-400000-each-month-in-revenue
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This Channel 4 documentary about Britain's national debt is very interesting, and it's views are commendable in a mainstream TV show. http://www.channel4.com/programmes/britains-trillion-pound-horror-story/4od#3139408 Unfortunately it's gone from the site tomorrow.
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Just kidding! Happy Thanksgiving everyone! Lest anyone forget, the true meaning of Thanksgiving is about how free markets saved the Pilgrims from almost certain starvation. So please enjoy your Thanksgiving dinner and make sure you start a fight with one of your relatives about free markets and capitalism...
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At least someone has come clean! http://www.realclearpolitics.com/video/2010/11/10/lawrence_odonnell_explains_socialist_comment.html
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http://www.rawstory.com/rs/2010/11/krugman-obama-embraced-conservative-worldview/ New York Times columnist Paul Krugman says President Barack Obama has adopted a right-wing mindset on American politics and is allowing conservative "mythology" to instruct his view of US history. The Nobel Prize...
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Before this thread, goes off on tangents, that will answer the OP post, but probably serve to confuse the discussion generally. I will attempt to answer, for the op, you're friend, might prescribe to socialism, that is leaning more toward communism, that advocates workers rights, state owned enterprises...
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Friends of Liberty, I wanted to let my friends of liberty know about the Radio Free Market CALL IN Show tomorrow August 28th at 1PM on Radio Free Market interview on RepublicBroadcasting with Dr. Tom DiLorenzo (a noted Mises Scholar). We will be talking about the history of Capitalism in America dating...
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I was wondering if socialists nations could exist without a free market capitalist example to emulate (finding greener pastures)? It seems to me that so many of the decisions made by socialist nations, mostly economic decisions, are done so by following examples set by the US and other free market systems...
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Would you consider that part of the problem could be due to unethical practices of businesses combined with the lack of government controls over unethical market-distorting practices. Example: Drug Companies Pay to other Drug Companies Keep Drug Prices High -- they pay them to delay the introduction...
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It seems to me, there are nuance difference between Reisman's economics and Austrian economics. In Capitalism, Reisman suggests the Uniformity of Profit principle, "There is a tendency in a free market toward the establishment of a uniform rate of profit on capital invested in all the different...