Tagged: slaves

Occupy Everything

Here’s how a noted correspondent for the London Observer recently described one of the world’s great democratic republics: “[The country] has become greedy, obsessed with commercialism at the expense of any other value or norm, xenophobic, belligerent, and hubristic.” He was talking about modern Great Britain. But sentient Americans reading the unpleasant description surely identify...

Philippines Notes, Part 3: Free Markets

Those of us with a libertarian bent are at times susceptible to the theoretical ideal of “free markets,” the utopian concept of economics unburdened by interfering governments or regulations. Expressed purely (and absurdly) as the perfect crossroads of Supply and Demand, free markets are supposed to produce the best product at the best price, letting...