Reblogged from econprofaj: The United States prides itself as being the “land of opportunity”. With the U.S. being a favored destination for immigrants across the world, that distinction still has merit. However, there are disturbing trends where many are questioning the value of capitalism due to its contribution to income inequality. Even so, we must […]
When an author of a recent study on the supposed conflict between markets and morality states “market participants violate their own moral standards” when choosing to improve their own life at the expense of other moral considerations, he implicitly contends or takes for granted that the benefit of people’s own life isn’t a valid moral […]
In a proper criminal justice system, due process demands that the burden of proof is on the accuser to prove someone’s guilt beyond all reasonable doubt before sentencing may be enacted. Should people who want to have a public policy enforced under the threat of criminal punishment also meet the same burden of proof that […]
Credit Expansion and Idle Resources