The purpose of this essay is to address the role of government for private market and to find out the extent and the scope that government’s involvement with private establishments can be justified by economics. It seems to be assumed that government has a fundamental and necessary role in the business of private enterprises. This is not merely an assumption—it is the current paradigm and dogma.
Posted in Blog | Tagged Austrian economics, Business, civilisation, efficiency, free market, government, Ludwig von Mises, Murray Rothbard, philosophy, politics, praxeology, public good, social utility, social welfare, special privileges, violence, voluntary cooperation [entry-edit-link before=" | "]
Equality means that both parties are in the same level, respected and treated according to the same standards. This is the theory, but in practise we seldom face it in reality. Unfortunately we have created this system ourselves and thus are responsible of the results as well. We are living among double standards. Some rules [...]
Posted in Society | Tagged coercion, equality, ethics, freedom, ideas, ideologies, justice, law, legal system, liberty, public good, voluntary cooperation
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