Only their husbands do. Specialk9 December 7, at There have been several links posted supporting their statements.
Introduction To Libertarianism, and half Libertarianism One of my takeaways was how new libertarianism was in These peculiar views of mine are not peculiar to me. If they were, I would be paying Harper and Row to publish this book instead of Harper and Row paying me. We call ourselves libertarians.
This book is concerned with libertarian ideas, not with a history of the libertarian movement or a description of its present condition.
It is fashionable to measure the importance of ideas by the number and violence of their adherents. That is a fashion I shall not follow. If, when you finish this book, you have come to share many of my views, you will know the most important thing about the number of libertarians — that it is larger by one than when you started reading.
There is something very innocent about expecting someone to become a libertarian after reading a book arguing for libertarianism, something very much a product of the time when the movement was new and anything was possible.
Friedman discusses and debates the views of Ayn Rand not as some sort of ascended cultural archetype, but as a fellow theorist who happens to be writing around the same time. In absolute terms, the rich have gotten richer, but the gap between rich and poor seems, so far as very imperfect statistics make it possible to judge, to have been slowly closing…we can note that both the rise in the general standard of living and the decreasing inequality appear to have been occurring fairly steadily over a long period of time, in a variety of different more or less capitalist societies…in the previous chapter I argued that liberal measures tend to injure the poor, not benefit them, and to increase, not decrease inequality.
If that has been true in the past, then the increasing equality we have experienced is in spite of, not because of, such measures… Even if the capitalist invests all the income from his capital and consumes none of it, his wealth will only grow at the rate of return on capital.
If the interest rate is less than the rate at which the total wages of workers increase, the relative wealth of the capitalists will decline.
Historically, the rate of increase in total wages has run about 5 to 10 percent a year, roughly comparable to the interest rate earned by capital. Furthermore, capitalists consume part of their income; if they did not, there would be little point in being a capitalist.
The share of the national income going to capital in this country has varied over time but not consistently increased, as shown in Appendix III. The heartbreaking thing is that every word of this was true in This is too bad because they are excellent and fascinating and you should really read them.
But for now I want to focus on the claim that I found most interesting: Government claims legitimacy partly from its role in helping the poor, but the costs fall disproportionately on the poor and it screws them over more than any other group: Suppose that one hundred years ago someone tried to persuade me that democratic institutions could be used to transfer money from the bulk of the population to the poor.
I could have made the following reply: If the non-poor are not generous enough to give money to the poor voluntarily through private charity, what makes you think they will be such fools as to vote to force themselves to take it?
There are some programs that give money to the poor — Aid to Families With Dependent Children, for instance. But such programs are vastly outweighed by those having the opposite effect — programs that injure the poor for the benefit of the not-poor.
Almost surely, the poor would be better off if both the benefits that they now receive and the taxes, direct and indirect, that they now pay were abolished.
Social Security no longer appears regressive: It seems really unlikely that whatever they have to pay because of farm subsidies or whatever compensates for that. There are many inhabitants of the ghetto who would be delighted to pay twenty dollars a year if in exchange they actually got protection; many of them have more than that stolen every year as a result of the poor protection they get from our government-run protection system.
They would be even happier if at the same time they were relieved of the taxes that pay for the protection that the government police does not give them. In spite of popular myths about capitalism oppressing the poor, the poor are worst off in those things provided by government, such as schooling, police protection, and justice.
There are more good cars in the ghetto than good schools. I somewhat agree with the spirit of this quote, but certainly some of the problem is that poor people live in poor areas that collect little tax revenue and underfund their social services.
Bigger government could solve this problem — just have school district funding set at the state or federal level. How, without government, could we settle the disputes that are now settled in courts of law?
How could we protect ourselves from criminals? Consider first the easiest case, the resolution of disputes involving contracts between well-established firms.
A large fraction of such disputes are now settled not by government courts but by private arbitration of the sort described in Chapter The firms, when they draw up a contract, specify a procedure for arbitrating any dispute that may arise.
Thus they avoid the expense and delay of the courts. The arbitrator has no police force.The Hollywood Reporter is your source for breaking news about Hollywood and entertainment, including movies, TV, reviews and industry blogs.
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[conflict of interest: David Friedman is an amazing person who has been very nice to me and among other things hosted the San Jose SSC meetup earlier this month]. Daily Great Lakes and Seaway Shipping News. The complete news source for shipping news, pictures and events. Covering all vessels and ports on the Great Lakes, Welland Canal and Seaway. Search and browse our historical collection to find news, notices of births, marriages and deaths, sports, comics, and much more.
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