There are many large-scale trends that are visible in the history of the modern world. One of these is the slow and difficult rise of
Tag: laissez-faire
The Lies of Objectivism: The Subjectivism of Ayn Rand
The fool who continues to follow in the footsteps of a fool who has been shown to be a fool is an even greater fool
Comparative Advantage for Whom? The Rise of Corporate Tyranny
The simple classical economic doctrine of comparative advantage – that countries should specialize in producing goods and providing services in which they have a comparative
Competition Shall Not Set You Free: The Mirage of Competition and Freedom
One of the fundamental dogmas of laissez-faire capitalism is that the presence or absence of competition in any given industry is a sure indicator of
The Exploitation of Illegal Workers in the United States: The Horrors of Unbridled Price Competition
The United States has a Jekyll-and-Hyde attitude towards, and relationship with, its many illegal migrant workers. Most of these workers come from poor countries in
Rationality and Economics
In The Theory of Imitation, when discussing the philosophical origin of science, I observed that these disciplines, such as physics, chemistry, astronomy, biology, medicine, and
