In every trade, both sides benefit, from their own individual perspective. The reason is simple: Each side is giving up something he values less for something he values more.
That means, then, that trade, in and of itself, raises people’s standard of living. At the moment of the trade, both traders are better off than they were before the trade.
Suppose Peter has 100 oranges and Paul has 100 apples. They start talking about a trade. Continue Reading
The post A Basic Principle About Trade appeared first on The Future of Freedom Foundation.
One of the burning issues of our time is the role of the U.S. government in foreign affairs: Should the United States embrace interventionism or non-interventionism?
Should the U.S. government be destroying democratically elected regimes? Should it be installing into power right-wing dictatorships? Should it be partnering with and supporting brutal dictatorships? Should it be using U.S. taxpayer money to fund foreign regimes? Should it be invading and waging wars of aggression against independent countries? Should it be intervening in Continue Reading
The post A Positive Shift Among Americans on Foreign Policy appeared first on The Future of Freedom Foundation.
The military in Zimbabwe announced yesterday that it had arrested the country’s president, Robert Mugabe. While a military spokesman denied that a military takeover was underway, all signs indicate that he is lying. The president’s whereabouts are unknown, military checkpoints have been established on streets in the capital, tanks have been seen near the capital, and the military has taken control over state television. A military spokesman warned that “any provocation will be met with an appropriate response.”
The 93-year-old Continue Reading
The post The Extra-Legal Backstop for a Dangerous President appeared first on The Future of Freedom Foundation.
The New York Times recently carried an interesting article on the wedding-cake controversy that is now before the U.S. Supreme Court. The article pointed out that prominent lawyers who specialize in First Amendment cases are “vexed” by the controversy.
The facts of the case are simple: A Colorado bakeshop refused to create a wedding cake for a gay couple. The state charged the baker with unlawful discrimination. Those vexed lawyers are having trouble deciding whether the baker has a Continue Reading
The post Wedding Cakes Have Nothing to Do With Free Speech appeared first on The Future of Freedom Foundation.
It should surprise no one that the life of the lie that so many Americans continue to live was manifested in all its glory last Friday, on Veterans Day.
Here is just one example, from an editorial in the Gainesville Sun:
… our nation must always appreciate those who stood ready and honorably to give their lives in defense of our liberties.
This life-of-the-lie mantra was undoubtedly repeated in editorials and op-eds in the mainstream press all across America, Continue Reading
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