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Image of the quote is loading... SaveSave That effort to undermine competitive markets is no better in the market for labor than it is for goods and services. - Quote by Richard A. Epstein

That effort to undermine competitive markets is no better in the market for labor than it is for goods and services.

Richard A. Epstein
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Securing, not prohibiting, the orderly transfer of wealth from A to B, based on wealth differentials, is the raison d'être of the [New Deal programs]. The contrast between the modern progressive and classical liberal agendas could not be more explicit.
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The sense that just about anything goes with the collection of public revenues and the making of public expenditure has contributed mightily to the current malaise.
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The pillars of classical liberalism call for flat taxes, with revenues put to limited uses; strong property rights; and free markets.
Richard A. Epstein
The desire to avoid short-term hardships leads to major dislocations in [housing] markets.
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