Here are some thoughts on the implications of Donald Trump assuming the presidency with respect to monetary policy.
Are interest rates not prices? And if so, should they not be discovered instead of imposed?
The spread of markets into the healthcare sector has allowed us to live longer than ever before.
Each consumer is free, on his or her own, to visit farms and factories and processing plants in order to purchase items directly from producers. But, of course, such visits would be enormously time consuming and would cost quite a lot in airfare and other travel expenses. We know that retailers and other middlemen perform valuable services because we observe consumers, everyday, voluntarily paying for these services.
Paying bone marrow donors is not only economically efficient, it’s also a more ethical means of securing live saving treatment for those in need.
Businesses aren’t charities. They are money-making ventures that exist by and for profit. Everything else is a bonus.