In recent years profits have gotten a bad name from many people and politicians. Profits are said to take advantage of others, encourage greed, among a variety of other allegations. These concerns can be legitimate but often miss a crucial point. Profit represents the reward for taking a risk. You wouldn’t start a business if [...]
A recent New York Times article by David Leonhardt brings up an interesting proposal to pay for government health care: The numbers show there is only one sure way out of the problem, and, after months of roundabout discussion, that solution has re-emerged: It’s a tax on health care. If Congress taxes health care, the [...]
In today’s age one would expect the principles of slavery and involuntary servitude to be unacceptable under any grounds. What people fail to realize is that while this may be true for individual citizens, what is illegal for citizens is not necessarily illegal for government. The Merriam-Webster definition of slavery is the “submission to a [...]
