Category: Rent Seeking
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The Morality of Profit
[Updated from May 21, 2011 post] Sheldon Richman in The Morality of Profit has a link to a video from the Atlas Foundation where Tom Palmer discusses the morality of profit. (Also available direct here.) On October 21, 2011 Tom Palmergave another talk on this topic at the John Locke Foundation. I have been puzzling…
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Price Controls: Yet another way some seek advantage over others through the government
I just read a great summary on The Freeman Online of the many problems with price controls. It was written in 1978 but is still quite relevant today. I highly recommend it. Congress is currently debating reducing price supports on agriculture so refreshing our memory on the topic is important. It strikes me as ironic…