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The core issue is twofold: public ownership of the roads and no stockholders/owners in charge of security services who are answerable to consumers. The result is exactly what you get from socialism: random chaos, coercion, and lack of accountability.
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The core of all three major religions is on individual faith, independently arrived at conclusions arrived at through persuasion, and the voluntary pursuit of worship. This is something to be celebrated, along with Passover, Easter, Bara’a Night, or whatever you have voluntarily decide to believe is holy.
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Various political and ideological trends have often seemed inevitable and irreversible — until they have changed! And it can happen again — if only friends of freedom at least try.
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The theoretical perfection of markets is not a valid argument against government intervention, nor is it a valid reason for governments to intervene in service of that ideal.
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The Trump administration has filed a lawsuit against Facebook with the claim that the company is guilty of redlining. At issue are the tools that allow advertisers to target ads. The problem is that this attack fundamentally threatens the economic model that makes social media work.
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Why do some conservatives believe that family leave plan is necessary in the first place?
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This is not the free market at work. It is government intervention that steals the language of market competition to invalidate property rights and contracts.
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If we want to follow The real Golden Rule, and we should, we shouldn’t force people to make the exchanges they would otherwise refuse in absence of coercion.
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The sharing economy, fueled by the internet’s capacity to match small buyers and sellers, looks like a revolutionary business model. But for this model to be sustained, there must be a reliable source of long-term profits.
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In terms of information access and the opportunity to learn and share knowledge, we’ve never been more rich and equal.
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Social media companies like Facebook obviously want to comply with the law, but they would also like to stay in business. That business depends fundamentally on targeting based on some demographic grounds. If a consistent application of non-discrimination law means that advertising has to become completely random to be compliant, Internet economics will experience the fate of countless public housing units in the past: it will be completely demolished.
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The very existence of wealth creation should fill us with awe, respect, and endless curiosity, as well as inspire within us a desire to celebrate and protect the institutions that make markets thrive.
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