September 11, 2011
Economist Walter Williams told a Wichita audience that when government is used in an attempt to do good, it requires either elimination or attenuation of private property and market forces. But it is private property and the desire for more that motivates people to do difficult and laborious things that benefit their fellow man. It all happens without government. In fact, government involvement in the market reduces the motivation of people to acquire, protect, and improve private property.
Tagged as:
Capitalism,
Free markets,
Property rights
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August 20, 2011
Recently wealthy investor Warren Buffet has been in the news for his advocacy of higher taxes. But is government — politics, in other words — the best way to allocate resources?
Tagged as:
Economic freedom,
Freedom,
Government spending,
Koch Industries,
Taxation
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