I’m not insane enough to read Adam Smith’s Wealth of Nations, but I have been working my way through P. J. O’Rourke’s commentary on the book. And regulation of business comes up pretty often.
Adam Smith was generally against regulation under the theory that it actually prevents competition and inflates prices. And he’s right about [...]

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This post is a little short on citations so you’ll have to bear with me. Citations will come as I think about this some more.
I while back, a colleague of mine were talking politics and I brought up the concept of a social safety net. “I don’t believe in welfare,” he said, “because I don’t [...]

Posted in Basics of Liberalism 13 Comments »

Recent commenter SteveJ had a blog a few days ago — it seems to be gone now — where he asked ten questions of liberals. One of them was about health care, and the question went something like “when was the last time something you got for free was better quality than something you paid [...]

Posted in Basics of Liberalism, Politics 7 Comments »