The next time someone starts explaining to you how government regulation is needed because corporations have the special privilege of limited liability, please channel Count Rugen.
A few weeks ago, I was on the toxic cesspool that Twitter has become, and got a reply to one of my Tweets: “You libertarians need to realize corporations=/=people if you want people to take you seriously.”
The problem is that business experience does not automatically translate into good economic policy.
Every day, AT&T adds four billion call records to Hemisphere, making it one of the largest known reservoirs of communications metadata that the government uses to spy on us.
A small group of workers walked out at Walmart on Black Friday 2012, and the company has been for a few decades now a leading emblem of what is supposedly wrong with the modern global economy. Shouldn’t Walmart just be more generous? Not necessarily. First, the managers of corporations are answerable to their shareholders. This […]
Markets can be regulated by the figurative force of competition or by the literal force of government. Which better protects buyers and sellers? Contrary to popular belief, regulation by competition usually renders regulation by government either unnecessary or counterproductive. Regulations are usually presented to the public as a matter of guarding the public interest and […]