Tariffs harm domestic consumers by making products more expensive. They also harm domestic producers who utilize inputs from other countries in their production lines.
For most of human existence child labor was the norm. Thanks to relatively recent advances in productivity in industrialized nations, most children are able to attend school and enjoy their childhood free from hard labor.
Everyone knows that our cost of living keeps growing. Some blame wages, some blame an aging population, higher gas prices, higher taxes, or more people. What if it all came down to food?
A list of what we consider to be the most influential libertarian thinkers.
There are myriad problems that plague democratic government. One, in particular, is that in practice “the will of the people” actually means “the power of interest groups”.
Have you ever wondered why so many people have such bad political views? Why is it we all seem to have that extended family member who thinks they have the answer to every political question (despite dubious credentials)?
When I was standing on the side of the road a dozen different drivers came up to offer me their service. I’d like to start seeing that in medicine. Just imagine if you had a health problem, and a dozen different doctors came to you to offer you their services.
As long as people interact with others, rules which govern their behavior will be necessary. What often goes unnoticed, however, are the myriad non-state methods and institutions which create and alter the rules of our society.
What sets the “immigration policy” in a free market, is the private decisions of many different people who choose who to (and who not to) hire, purchase from, lease to, sell to, etc.
In underdeveloped nations, however, because society is much poorer, governments lack the resources to crack down on underground private schools. In his book The Beautiful Tree, James Tooley explored and researched numerous poor countries including India, Nigeria, Ghana, Kenya, and China.