…of production, even though in the “higher stage of socialism” generally labeled “pure communism,” the state is supposed to “wither away.” Capitalism is private ownership of the means of production,…

…opponents of mechanization or advocates of short-time working, a reasoning they label as a misconception and which we know today under the label ‘lump of labor’ fallacy ‘. But the…

…benefits in exchange for the pittance of slightly higher taxes on the upper crust. The article goes even further astray at the end with its label of a “two-part deal”…

…shippers, such John D. Rockefeller’s Standard Oil monopoly.  Guiding the ICC’s approach to regulation was a principle known as “common carriage,” which is akin to what we today call “net…

…think I used to have what in my view is a pretty standard liberal response. I was saying, of course, some regulations could be bad, but look at these studies….