Interventionism | Walter Block
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@BiznizTrademark You can buy a helicopter for 100 or 150k right now, in the future this road issue will be a joke.
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I think the bagel-rules, i.e. that you cannot make it too difficult for someone to reach a certain spot is difficult to defend on strict philosophical libertarian grounds.
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All the socialists who think that businesses extort 'unfair' prices from consumers should try running businesses! I mean from the cost of maintaining production and the lower revenues that tend to arise from very high prices that create high net profit margins, many businesses have a difficult time even remaining solvent. With that in mind we can see why price ceilings are so destructive. Prices have to rise with diminishing returns on production, price ceilings make production insolvent quicker
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"unemployed socks"...lol
2 years ago 4
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Another good video. Like all (or at least most) of the Mises Institutes videos, these concepts are easy to grasp. Good job guys
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sinitskyd, he says that at about 15:40 or so
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Are you defending this practice? If not, what is your point? I dont think he was arguing that they dont exist. He was just saying they are bad practices. Also...Excelsior!
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In addition to a fixed amount of money, controlled rent can be augmented by other "services" by a young and pretty girl tenant.
2 years ago 4
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Sorry my comments came out in reverse order, read from the third to the first :{
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The gov't already steals the shirt off your back and gives it to someone else, it's called welfare.
ManBearPigWolf 2 years ago 6
Would it be okay for Walmart to expropriate that property instead of offering the owner a price he might be interested in? With that logic, I can also steal the shirt off of you and give it to someone who needs it. Lets say you do advocate this sort of theft, it is still not logical from an economic perspective because people make mistakes.
patrikkorda 2 years ago 5