Culture

How is liberty violated?

How is liberty violated?

We get terms confused: rights, liberty, responsibility… and in getting them confused we often misuse or misapply them. We call things rights because we have a need, or a want, for them, or a liberty because we don’t want to concern ourselves with others....

What is Praxeology?

What is Praxeology?

Praxeology comes from the Greek; it means the study of deed, or action. It's actually a broad discipline where human action is understood deductively. This leads to conclusions that are a priori, or self-evident. Today, praxeology is most often associated with...

The Problem with Black Market Economics

The Problem with Black Market Economics

The term ‘black market’ has a negative connotation to it and with relatively good reason. It’s often associated with transactions relating to illicit drug use, firearms sales, and prostitution. However, the negative implication of the black market is due to its being “unregulated’ by the government. It exists outside the law and therefore it must be the law that has the black market unsafe safe. While it’s true that government regulation of the market influences the operation of the black market, it’s not true that the government keeps us safe through regulation.

Pin It on Pinterest