Tuesday, September 7, 2010

Quiz Time: Which Business Kills Its Customers?

Quiz Time: Which business murders their customers?
A) Walmart
B) Chase Bank
C) Chick-Filet
D) China
E) None of the above



‘A few strong instincts and a few plain rules suffice us.’ ~Ralph Waldo Emerson


I believe that Obama’s goal is to purposely overwhelm the economy, pile up debt to the point of collapse, redistribute wealth, and fatally damage capitalism. ....

How do we know this is a purposeful plan? Because no one could be so ignorant of basic economics and business to not know the following: .....



"[E]conomic liberty and creative entrepreneurship are the basis of any solution to today’s social and economic difficulties. Blaming business, setting wages, and attempting to run the economy by decree from Washington only exacerbates the problems. Consider the minimum wage. It seems so simple: Tell business to pay its workers more. But a hike in the minimum wage is essentially a tax, punishing precisely those companies that hire workers with the least skills." -- Doug Bandow
(1954- ) columnist, author, a senior fellow at the Cato Institute
Source: Big business is not to blame, THE WASHINGTON TIMES, October 13, 1995.

"History is replete with examples of empires mounting impressive military campaigns on the cusp of their impending economic collapse." -- Eric Alterman

"That is reserved expressly to the States and is not granted to the Federal Government by our national charter. The Federal Government has nothing to do under the Constitution with the preservation of public order. To pass this bill is to pass a bill for an unconstitutional purpose, under the guise of regulating interstate commerce."
-- George Huddleson US Congressman (D-AL)
Source: 1930 House Firearms Hearing, supra note 45, at 15.

"The biggest threat to the American people today lies with the United States government. ... [T]he long-term solution is to dismantle, not reform, the iron fist of the welfare state and the controlled economy. This includes the end (not the reform) of the IRS, the DEA, the BATF, the SEC, the FDA, HUD, the departments of HHS, Labor, Agriculture, and energy, and every other agency that takes money from some and gives it to others or interferes with peaceful behavior." -- Jacob G. Hornberger
American author, journalist, politician, founder and president of the Future of Freedom Foundation
Source: The Nazi Mind-Set in America, THE TYRANNY OF GUN CONTROL, 63 (Future of Freedom Foundation 1997).

"Arms in the hands of individual citizens may be used at individual discretion for the defence of the country, the over-throw of tyranny, or in private self-defense."
-- John Adams (1735-1826) Founding Father, 2nd US President

"Resistance to sudden violence, for the preservation not only of my person, my limbs and life, but of my property, is an indisputable right of nature which I have never surrendered to the public by the compact of society, and which perhaps, I could not surrender if I would. Nor is there anything in the common law of England ... inconsistent with that right." -- John Adams
(1735-1826) Founding Father, 2nd US President
Source: BOSTON GAZETTE, September 5, 1763, The Works of John Adams, p.438 (Charles F. Adams ed., 1851).



"[R]evenues drive expenditures, not the inverse. ... tax evasion represents a net benefit to everybody ... A statue should be erected to the unknown tax evader."
-- Pierre Lemieux
Source: In Praise of the Unknown Tax Evader, NATIONAL POST, February 27, 2002

"The Original Sin which brought us to the brink of bankruptcy and dictatorship was the Federal Income Tax Amendment and its illegitimate child, Federal Aid."
-- Tom Anderson

"Self-defense is a part of the law of nature; nor can it be denied the community, even against the king himself." -- William Barclay (1546-1608, Scottish jurist)



Dr. Mary Ruwart is a leading expert in libertarian communication. In this column she offers short answers to real questions about libertarianism. To submit questions to Dr. Ruwart, see end of column.

Can free markets handle the problems of hunger and famine in poor countries?

Question: A recent article in Psychology Today argues that the free market isn't able to deal with the problems of widespread hunger and famine, especially when there is a crisis such as a drought. What do you think?

My Short Answer: In today's world, widespread hunger exists only in Third World nations. The poverty of these countries means that they cannot produce enough to feed themselves, especially in crisis conditions. The lack of infrastructure to deliver emergency goods means foodstuffs can deteriorate before they reach those in greatest need.

Cuban HouseThe best solution to famine is to make poor nations rich. Since wealth of nations is directly linked to liberty, getting rid of aggressive government is the key to feeding the world. The Third World's poverty is created by its governments' massive regulatory red tape, failure to respect property rights, and high tariffs. When liberty is regained, Third World nations become wealthy (e.g., South Korea) and no longer lose population to massive food shortages, even in most emergency situations.

When the U.S. government sends aid to starving nations, a great deal of it is distributed to the ruler's favorites. Even private aid is sometimes partially usurped by unscrupulous Third World governments. Sometimes the confiscated food aid is simply sold to line the governments' coffers. 

African TribeIn crisis, local farmers will sell their meager yield to the highest local bidder. Indeed, they must if they are to plant the following season. The loss of time and efficiency that occurs by confiscating and redistributing what they produce outweighs the benefits that might accrue to those who are too poor to help themselves. Since many local farmers will go out of business if their crop is taken, even less local produce will be available during the next crisis.

Ultimately, only liberty can insure that no one goes hungry. The best way for the Third World to prevent famine is to embrace the libertarian ideal.

Got questions?  Dr. Ruwart has answers! If you'd like answers to YOUR "tough questions" on libertarian issues, email Dr. Ruwart at: ruwart@theAdvocates.org

Due to volume, Dr. Ruwart can't personally acknowledge all emails. But we'll run the best questions and answers in upcoming issues.

Dr. Ruwart's previous Liberator Online answers are archived in searchable form.

Dr. Ruwart's outstanding books Healing Our World and Short Answers to the Tough Questions are
available from the Advocates.


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