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President Trump’s Bargaining Prowess Is a Liability, Not an Asset
When aggression is military, each government attempts to protect its citizens from that which is unleashed by foreigners. But when aggression is economic, it is unleashed by each government against its own citizens.
READ MOREAnti-Market Atavism Explained
Moral norms that served small bands of humans well 10,000 years ago — share, cooperate, punish anyone who violates the rules — are no longer very good at helping people navigate commercial society. Ask someone about price-gouging laws, or kidney sales, or generally talk about the role of price as an indispensable signal of scarcity. Most people will get upset.
READ MOREThanks to Capitalism, You Can Now Sleep Sitting Up
This pillow is not only a tribute to good engineering and good sense; it is a credit to a commercial system that enables and rewards innovation in service of the better life.
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