Economists tell us that the 'price' of an object and its 'value' have very little or nothing to do with one another. 'Value' is entirely subjective economic value, anyway while 'price' reflects whatever a buyer is willing to give up to get the object in question, and whatever the seller is willing to accept to give it up. Both are governed by the Law of Marginal Utility, which is actually a law of psychology, rather than economics. For government to attempt to dictate a 'fair price' betrays complete misunderstanding of the entire process.
Just as liberalism is the main force that drives conservatism and maintains its popularity in some quarters, conservatism is the reason liberalism co… - L. Neil Smith
Just as liberalism is the main force that drives conservatism and maintains its popularity in some quarters, conservatism is the reason liberalism co…
- L. Neil Smith
Today, human civilization is drowning in a sea of lies. - L. Neil Smith
Today, human civilization is drowning in a sea of lies.
Violent crime is a solved problem - all they have to do is repeal the laws that keep those intelligent, capable, and responsible men and women from a… - L. Neil Smith
Violent crime is a solved problem - all they have to do is repeal the laws that keep those intelligent, capable, and responsible men and women from a…
The first and most important thing to understand about politics is this: forget Right, Left, Center, socialism, fascism, or democracy. Every governme… - L. Neil Smith
The first and most important thing to understand about politics is this: forget Right, Left, Center, socialism, fascism, or democracy. Every governme…
We're all a bunch of badminton birdies who just got batted from the Republican side of the court to the Democrat side. We'll eventually get batted ba… - L. Neil Smith
We're all a bunch of badminton birdies who just got batted from the Republican side of the court to the Democrat side. We'll eventually get batted ba…
Many individuals spend a considerable portion of their lifetimes in terror of one imagined catastrophe or another. The classic is that your immortal … - L. Neil Smith
Many individuals spend a considerable portion of their lifetimes in terror of one imagined catastrophe or another. The classic is that your immortal …
The only hope we have is the Internet. We must strive to keep it free. - L. Neil Smith
The only hope we have is the Internet. We must strive to keep it free.
I'm tired of being considered property. - L. Neil Smith
I'm tired of being considered property.
We're most likely to lose our rights when we allow ourselves to be persuaded to deprive others of theirs. - L. Neil Smith
We're most likely to lose our rights when we allow ourselves to be persuaded to deprive others of theirs.
Login to join the discussion
Login to join the discussion