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Jefferson Review |
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"Your Liberty is Our Interest" |
May 12, 2003 | |
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The morality of markets by WalterWilliams The first principle of a free society is that each person owns himself. You are your private property, and I am mine. .. Once one accepts the principle of self-ownership, what's moral and immoral becomes self-evident. Murder is immoral because it violates private property. Rape and theft are also immoral -- they also violate private property. … Market allocation of goods and services depends upon peaceable, voluntary exchange. Under such exchanges, the essence of our proposition to our fellow man is: If you do something I like, I'll do something you like. When such a deal is struck, both parties are better off in their own estimation. http://www.townhall.com/columnists/walterwilliams/ww20030507.shtml Economic Stupidity – by Walter Williams Imagine that you and I are in a rowboat. I commit the stupid act of shooting a hole in my end of the boat. Would it be intelligent for you to respond by shooting a hole in your end of the boat? http://www.townhall.com/columnists/walterwilliams/ww20030501.shtml Unfair differences in income – by Walter Williams Why is it that Michael Jordan earns $33 million a year and I don't even earn one-half of one percent of that? I can play basketball, but my problem is with my fellow man, who'd plunk down $200 to see Jordan play and wouldn't pay a dollar to see me play. I'm also willing to sell my name as endorsements for sneakers and sport clothing, but no one has approached me. http://www.townhall.com/columnists/walterwilliams/ww20030423.shtml Universal Health Care – by Thomas Sowell – Parts One, Two, and Three A constitutional republic for Iraq? The American Constitution is a limitation on the power of government, not on private individuals. Our Founders feared the anarchy of mob rule as much as the tyranny of an oppressive king. They established a constitutional republic, not a pure democracy. .. Without limits, democracy amounts to what Benjamin Franklin described as, “two wolves and a lamb voting on what to have for lunch.” … The Framers … instituted a government strong enough to protect individual rights, but strictly limited in its power to infringe upon them.http://www.capmag.com/article.asp?ID=2771 The rise of the black entrepreneur - it is the entrepreneur, not the pastor—and certainly not the politician—that now typifies the future of national black political leadership….The percentage of adult African Americans holding college degrees is 17% as compared with 20% of adult Americans overall. And it is a surprise for many to learn that, according to research done by the Kaufman Foundation, blacks between the ages of 24-35 are 50% more likely than whites to engage in entrepreneurial activities. In other words, the most active group of entrepreneurs in American is black men and women. http://www.acton.org/ppolicy/comment/article.php?id=137 States’ rights vs. Monetary monopoly by Thomas DiLorenzo - The federal government today can wage wars without the consent of our congressional representatives, overthrow foreign governments, tax nearly half of national income, abolish civil liberty in the name of "homeland security" and "the war drugs," legalize and endorse infanticide ("partial-birth abortion"), regulate nearly every aspect of our existence, and there’s little or nothing we can do about it. "Write your congressman" is the refrain of the slave to the state who doesn’t even realize he’s a slave (thanks to decades of government school brainwashing). http://www.lewrockwell.com/dilorenzo/dilorenzo45.html The Why of Gun Ownership http://www.mises.org/fullarticle.asp?control=1111&month=56&title=The+Why+of+Gun+ The NYSE Scandal and how to fix the problem - If the scandal grows, there will undoubtedly be calls for stricter regulation of specialists. But that's not the answer. First, the NYSE needs to be more forthcoming about its deficiencies. The exchange still does not warn investors when a listed company's financial position no longer meets its standards. (The New York Times reported, however, that exchange officials said "they would begin to provide some warning, as the NASDAQ has long done.") The fine imposed on Fleet last week was disclosed only recently by the press, and the exchange's broader investigation into the specialists was revealed months after it began. …But more important than disclosure is competition. In a true competitive market, companies don't last very long if they abuse the trust of customers. It's time to apply competitive market discipline to the world's largest stock market itself. http://www.CapMag.com/article.asp?ID=2749 Petition of the Candlestick makers (a lesson on protectionism) by Bastiat “We are suffering from the ruinous competition of a foreign rival who apparently works under conditions so far superior to our own for the production of light that he is flooding the domestic market with it at an incredibly low price”http://www.econlib.org/library/Bastiat/basSophContents.html Feelings (about gun control) by Barry Bright http://www.willowtown.com/freekentucky/columns03/feelings.html The Liberators – by Mona Charen http://www.townhall.com/columnists/monacharen/mc20030509.shtml
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