Can government ever intervene in private voluntary exchanges and make matters better for those affected without making anyone else worse off? I do not think that it can. Along with a good many others like Rothbard and Hoppe, I believe that socialism actually invariably lowers welfare. But whether we are right or wrong on this matter is not relevant for the argument from disagreement. What is relevant is that we and others hold this view. There are those who disagree with us, for example, Joseph Stiglitz. Among many other State actions, he favors bank deposit insurance. The reason is that he believes that information about financial firms is a public good that is underproduced. But his reasons are not germane to the argument from disagreement other than he thinks government action is beneficial....
http://www.lewrockwell.com
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Editor - 00:53:00 06-30-06
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 By-election blows for Blair and Cameron |
| Tony Blair and David Cameron were both dealt by-election blows in heartland seats today. Voters in Blaenau Gwent, south Wales, failed to re-elect Labour in one of its former strongholds, then the Tories almost .. full News |
Editor - 00:38:00 06-30-06
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| Chinese president denounces graft |
| Chinese President Hu Jintao has called on members of the ruling Communist Party to put a stop to corruption. "We cannot slack off for one moment," he said in a speech to mark the 85th anniversary of the party's.. full News |
Editor - 00:30:00 06-30-06
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| 1,300 rats overwhelm man's home |
| A man who had 1,300 rats removed from his home by animal control officers said that he originally bought several as pets, but that they were "a force of nature" that soon bred out of control.Roger Dier, who was.. full News |
Editor - 00:25:00 06-30-06
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| Pennsylvania governor on flooding: 'We dodged a bullet' Levees, flood walls hold back waters |
| Residents in northeast Pennsylvania and New York are breathing sighs of relief Friday after flood walls and levees held their own against flooding that has killed at least 14 people in four states.Officials pre.. full News |
Editor - 00:23:00 06-30-06
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| Lawyer Argues FBI Was Responsible for Mob Hit in Wrongful Death Lawsuit |
| The FBI failed to control two gangster informants and was responsible for the death of a fisherman, an attorney for his family said Thursday during closing arguments in a $50 million wrongful death lawsuit agai.. full News |
Editor - 00:19:00 06-30-06
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| post The Good, The Bad and The Ugly |
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