By making a breakfast trade, my boys revealed the value of inequality - and reminded me that unequal outcomes are the virtuous purpose of individual liberty!
Category: Economic Literacy
It’s a bit curious, a bit ironic and a marvelous lesson in economics that, at the same time Amazon is the headlines for making internet commerce ubiquitous, Sears is on life-support.
If We the People are to realize improvements in American health, healthcare, and health insurance, we need to start with what we know to be true. Let's start with these two fundamental ideas.
Value is subjective, and it is intricate. Understand that concept and you'll see the beauty of economic liberty!
What is the "perfect balance" between liberty and government when it comes to healthcare in America? I don't know. But my family's personal experience at the emergency room last week says that a balance struck …