Posts Tagged ‘Free Market’
Posted by M. C. on January 1, 2019
America’s Game!
Another Asterisk in the baseball record book. Pro sports in general stinks.
I liked it better when players smoked, played with hangovers and set records.
http://www.economicpolicyjournal.com/2018/12/major-league-baseballs-disgusting-deal.html#more
MLB has cut a deal that will keep the bidding for Cuban players below free-market levels which will also result in MLB collecting taxes from Cuban players for the Cuban regime.
Mary Anastasia O’Grady explains:
Major League Baseball has cut a deal with the Cuban military dictatorship in which Havana will allow Cubans to play in the U.S. In exchange baseball will garnish their salaries and send the money to the regime…
The regime already boasts the world’s largest state-run human-trafficking operation. For decades it has placed Cubans abroad to work for foreign companies or governments as indentured servants. Workers go “voluntarily” because their economic circumstances at home are so dire and they have no other options. But once abroad they receive a small fraction of what they earn; the rest goes to the Cuban state…
–RW
Posted in Uncategorized | Tagged: Baseball, Cuba, Free Market, human-trafficking | Leave a Comment »
Posted by M. C. on October 3, 2018
http://www.economicpolicyjournal.com/2018/10/amazon-makes-evil-move.html#more
Amazon today announced it is increasing its minimum wage to $15 for all full-time, part-time, temporary (including those hired by agencies), and seasonal employees across the U.S.—effective November 1.
This is fine, Amazon should be able to play its employees whatever it wants.
But here is where they turn evil. In a press release announcing the wage hike, the company also states: Read the rest of this entry »
Posted in Uncategorized | Tagged: Amazon, federal minimum wage, Free Market | Leave a Comment »
Posted by M. C. on August 10, 2018
In a free market, you express your opinion by refusing their services or products. You can boycott them or participate in boycotts. You can criticize them in media. You can patronize competitors. There are competitors right this minute for these censoring companies.
Their names are easy to find
https://www.lewrockwell.com/2018/08/michael-s-rozeff/the-free-market-will-take-care-of-companies-that-censor-content/
By Michael S. Rozeff
Facebook, Twitter, YouTube et al who are censoring people and content have a right to do that. Calling them monopolies or public utilities is the wrong way to go. Stressing their “power” is the wrong way to go, by which I mean it contradicts libertarian thinking about products and free markets. Worrying about free speech in the context of their censorship is likewise a losing and flawed argument. Forcing companies to provide a forum of free and/or diverse speech is not compatible with freedom… Read the rest of this entry »
Posted in Uncategorized | Tagged: censoring, Facebook, Free Market, Twitter, Youtube | Leave a Comment »
Posted by M. C. on February 23, 2018
WARNING! Free market, Austrian-Libertarian economic analysis.
https://www.lewrockwell.com/2018/02/michael-s-rozeff/should-teachers-be-armed/
Should teachers be armed? This question is premature. In today’s monopoly law enforcement systems funded by forced extractions of money from taxpayers, lawmakers will answer this question. There will be public debate, such as is now occurring. Lawmakers will hear the arguments and they will decide. Their decisions will, however, not be according to criteria that relate directly to the welfare of the children of their citizens. The incentives faced by lawmakers will not create such a connection in the clarity that the citizens demand. The system is bound to frustrate the citizens. Read the rest of this entry »
Posted in Uncategorized | Tagged: Austrian-Libertarian, Free Market, law enforcement monopoly, Teachers Be Armed | Leave a Comment »
Posted by M. C. on January 23, 2018
https://mises.org/wire/do-we-have-free-market-medical-system
…Here is how it actually works:
- Most people wonder why there are no visible prices in medicine. You only find out what the charge has been after the service has been delivered. There actually are prices — controlled prices — but you aren’t supposed to know what they are. Each year a committee of the American Medical Association recommends a set of prices to Medicare. The committee is dominated by medical specialists, so specialists tend to do particularly well. Medicare is actually run, not by government, but by private insurance companies, and these companies adopt these prices for private insurance purposes as well. Congress further sweetened this price controlled system for hospitals by requiring Medicare to pay more for the same service if provided by hospital employees. This has inevitably led to local hospitals buying out most of the surrounding private medical practices, which has in turn created local medical service monopolies that feed patients to the hospital for its more costly services.
Read the rest of this entry »
Posted in Uncategorized | Tagged: crony capitalist, Free Market, Medical System | Leave a Comment »
Posted by M. C. on January 5, 2018
I wonder whose idea it was to mount all those expensive lights, cameras and sensors I don’t want to pay for in bumpers?
https://www.ericpetersautos.com/2018/01/04/whose-ideas/
It’s been said that good ideas don’t require force – while bad ones rarely get traction without it. True enough. But how about a qualifier?
Whose ideas?
Yours? Mine?
There is a kind of tacitly agreed upon – or at least, rarely questioned – notion that we all agree on what constitutes a “good” idea. It’s the keystone of coercive collectivism, without which that ideology loses moral legitimacy.
But in fact, we don’t agree about what a “good” idea is. Millions of individual Read the rest of this entry »
Posted in Uncategorized | Tagged: EPautos, Free Market, Ideas | Leave a Comment »
Posted by M. C. on September 19, 2015
The hallmark of free market theory is that no one person or group (central planners) can decide how to allocate resources. Only the actions of consumers can put a value on any given resource. Resources, finished products even the dollar can only have its value determined by aggregate demand. The opposite of this is central planning. The most glaring example of central planning was the Soviet Union. Read the rest of this entry »
Posted in Uncategorized | Tagged: Central Planning, Fed, Free Market, Janet yellen | Leave a Comment »
MCViewPoint 