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Since the only stocks that are traded on the stock market are those of corporations and under anarcho-capitalism a corporation would not exist how would a stock market work under those circumstances? Would there or could there even be a stock market?
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I'm not certain that I am entering into this intercourse properly, but here goes: Just joined the Forum. Have considered myself to be libertarian for years. I'm impressed at the level of knowledge that I see here. But, I fear that anything that I might post will be summarily dismissed because...
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I would have to argue that for millenia, there were no minimum wage restrictions placed on the price of labor and yet, the price of labor fluctuated according to supply and demand freely. This is evident through the numerous examples provided by Adam Smith in his "Wealth of Nations," among...
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[quote user="Brett_McS"] I don't disagree with the concept, just the choice of the word, for "anarchy" also mean "chaos" ("Political disorder and confusion" , "confusion; chaos; disorder"). It is unfortunate. [/quote] In reply, I quote from an article...
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I've been trying to convince a particularly bright friend of mine of the benefits of market rule in all areas, including roads and defense. Unfortunately, he seems to be hung up on the question of roads. He agrees that a system of private roads "could work" but says it couldn't be as...
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[quote user="gethky"] My issue is also with Austrian scholars who apparently base their opinions on free-market rhetoric rather than the government statistics so loved by certain economists, or even the present-day facts that I try to base my non-expert opinions on.[/quote]...What is an Austrian...