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Clayton, I think Frank Herbert said it best (paraphrased) that law is a proxy for morality and conscience. Moral people don't need laws.
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Basically this ignores opportunity cost. That the government provides a useful does not mean it provides the greatest possible benefit for the resources it uses up. If the state provided cars that are twice as expensive and half as good, everybody would...
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gendou57: http://www.gmu.edu/departments/economics/bcaplan/whyaust.htm Bryan Caplan- Why I am Not An Austrian Economist Caplan's criticism is one of the few well-reasoned critiques, but it has received a number of responses. Most of these are actually...
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Rewrite: 11.4 Economists There are a number of economists and other figures in history that were associated (by themselves or by others) with the ideology of capitalism. Among these are Adam Smith (1723-1790), Ludwig von Mises (1881-1973), Friedrich Hayek...