Haiti may be the poorest nation in the Americas. Cuba may have the dictator with the longest lifespan. But Venezuela arguably has the worst government. Not the clownish dictator, Hugo Chavez, is trying to repeal the laws of economics. How’s that working out for him? Well, here’s some of what the New York Times wrote. [...]
Archive for the ‘Price Controls’ Category
America Needs a Ludwig Erhard
Posted in Free Markets, Germany, Government intervention, Price Controls, tagged Free Markets, Germany, Government intervention, Ludwig Erhard, Price Controls on September 22, 2011 | 4 Comments »
I’m still at the Liberty Camp in Slovenia, doing my best to teach young Europeans about the importance of individual liberty, free markets, and small government. (also doing a bit of sightseeing, as you can see from the pictures below) This morning, one of the other presenters showed a short video taken from the first-rate [...]
A Proposal that Actually Would Improve Health Care and Lower Costs
Posted in Free Markets, Health Care, Health Reform, Price Controls, tagged Free Markets, Health Care, Health Reform, Price Controls on March 21, 2010 | 1 Comment »
While the politicians in Washington are poised to undermine the healthcare system with additional layers of taxes, spending, and regulation, Steven Chapman proposes to use markets to improve a part of the system that is suffering from a punitive form of price controls. Orgain donors are allowed zero compensation for their sacrifice. This policy – [...]