Rely on the ordinary virtues that intelligent, balanced human beings have relied on for centuries:
- common sense,
- thrift,
- realistic expectations,
- patience, and
- perseverance.
Earlier One-Off Post: No, Carly "Demon Sheep" Fiorina Is NOT the Right Candidate
NOTE: A pro-life clip is at the bottom of the post.
Tweet of the Day
Notice how the Statists like Clinton exploit the State-caused Daraprim issue to feed the vicious intervention cycle? http://t.co/ouMdN1SNE8
— Ronald Guillemette (@raguillem) September 30, 2015
Image of the Day
The Trickle-Down Myth
Are Government Courts Necessary?
The Rand Paul Tax Plan
Rand Paul Rails Against the Kick-the-Can-Down-the-Road Congressional Budgeting
OK, This Girl Has Already Beaten the Biggest Fish I Ever Reeled In--With a Barbie Pole!
Facebook Corner
(FEE). The Turing Pharmaceuticals scandal tells us very little about capitalism, but it does tell us a lot about the perverse incentives that regulation can create.
The real monopoly is the FDA; as the author points out, the drug is off-patent, but generic competition requires the high cost of FDA approval, particularly for a drug that amounts to 10,000 of up to 4 billion prescriptions a year. The way you deal with the likes of Shkreli is to privatize the FDA and/or open the American market to foreign generics.
A monopoly means it's not capitalism. Period.
A monopoly means there is no competition, the opposite of the principle of capitalism. It also means there is corruption and/or bad legislation in government enabling the monopolistic practice, in other words, crony capitalism.
A genuine capitalist situation would have this piece of shit raising the price of Daraprim but another company who also has access to Daraprim selling it for much less and getting all the customers.
The OP is wrong; you can have a dominant supplier in a market (think Intel in the PC market) without government intervention; the government is not responsible for the success to market dominance, say, through economies of scale, It's only if Intel or other supplier resorted to non-market mechanisms to maintain their dominance.
Patents and copyrights violate real property rights (to use your own property in any peaceful manner you as owner see fit), so they are NOT part of a true free market.
Remember they were initially promulgated by the crown, seeking control of the populace's minds and kickbacks from the privileged. That is cronyism, not moral.
Yes, there are thieving libertarians like [troll] who think they have a right to the intellectual efforts of others. He needs to read real libertarians like Lysander Spooner.
Political Cartoon
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| Courtesy of Ken Catalino via Townhall |
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| Courtesy of the original artist via Patriot Post |
Lionel Richie, "Time"
Choose Life: Your Preborn Child's Heartbeat
What She Saw Changed Her Mind About Getting an Abortion
As a debate over Planned Parenthood brews on Capitol Hill, one mother shares her story about why she turned her back on abortion.
Posted by The Daily Signal on Tuesday, September 29, 2015
