Now, I’m not saying that we don’t need rules in society. But the question of who makes the rules and on what basis becomes supremely important. Will the rule-making flow from the matrix of voluntary exchange based on the ethic of serving others through private enterprise? Or will the rules be made and enforced by people wearing guns and bulletproof vests with a license to shock or kill based on minor annoyances?
Jeffrey TuckerThe goal of intellectual life should be to see and understand what is true, not merely to adhere to a prevailing orthodoxy.
Jeffrey TuckerHere is a principle to use in all aspects of economics and policy. When you find a good or service that is in huge demand but the supply is so limited to the point that the price goes up and up, look for the regulation that is causing it. This applies regardless of the sector, whether transportation, gas, education, food, beer, or daycare. There is something in the way that is preventing the market from working as it should. If you look carefully enough, you will find the hand of the state making the mess in question.
Jeffrey TuckerSomeone asked me the other day if I believe in conspiracies. Well, sure. Here's one. It is called the political system. It is nothing if not a giant conspiracy to rob, trick and subjugate the population.
Jeffrey TuckerNow, I’m not saying that we don’t need rules in society. But the question of who makes the rules and on what basis becomes supremely important. Will the rule-making flow from the matrix of voluntary exchange based on the ethic of serving others through private enterprise? Or will the rules be made and enforced by people wearing guns and bulletproof vests with a license to shock or kill based on minor annoyances?
Jeffrey Tucker