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Free MarketsLabor and Wages
So impressive is compensation in the U.S. that even fast food businesses are bidding up wages to compete.
Free MarketsU.S. Economy
Voluntary unionism is legitimate, so long as civil government does not do more than enforce the contracts agreed to by employers and laborers.
Freedom leads to economic development, and both of these conditions multiply individual development and the powers of the individual man.
Free MarketsOther Schools of Thought
One of the main shortcomings of the mathematical economists is that they deal with a "static state" as if it were something really existing.
Free MarketsSocialismPolitical Theory
The capitalist system is a system in which promotion is precisely according to merit. Marx didn't like that.
Market prices will continually be gravitating towards prices where all willing buyers can find willing sellers and all willing sellers can find willing buyers.
Free MarketsFrom the ArchivesProtectionism and Free TradeU.S. Economy
Protectionism may provide some short-term benefits to a small number of special interests, but at much greater costs to the rest of society.
Market growth can naturally lead to greater inequality. But government interventions often add their own, more insidious brand of inequality.
Free MarketsFrom the ArchivesSocialism
All this could and should be done in one day.