“Someone” must be to blame for unequal distribution of incomes. Therefore, they must be punished. Their property must be involuntarily transferred to others.
About Hunter Hastings
Hunter Hastings is the Executive Director at Center for Individualism. He's an economist, venture capitalist, and lifelong advocate for liberty, economic freedom, and individual entrepreneurship.
Hunter’s current research is focused on the intersection of 21st century individualism, emerging technology and the radical decentralization that is freeing markets and creating a new spectrum of individual opportunity. His newest book is The Interconnected Individual, co-authored with Jeff Saperstein, to be published by Business Expert Press in 2018.
Entries by Hunter Hastings
Americans are more inclined to found companies than the people of other countries and are also better at turning small companies into giant ones. The U.S. was the first country to make it easy to create companies without going cap in hand to local bureaucrats who had a right to tell them what to do.
The Nobel Prize confers on an individual an authority which in economics no man ought to possess.
Rising inequality in terms of wealth is a sign of shrinking lifestyle inequality between the rich and poor. Think about it. Entrepreneurs generally amass great wealth by virtue of mass-producing the goods and services previously only enjoyed by the rich.
Pretending to use concepts of justice to limit individual achievement Is simply the ideology of socialism: to achieve total control over society because the governing elites believe it is in their power to design and determine future outcomes.
If a frog turns right and catches a fly, and then turns left and catches a fly, and then turns around backward and catches a fly, the purpose of the frog has to do not with turning left or right or backward but with catching flies.
Economists should hang their heads in shame. They believe that economic growth causes inflation. Such a view isn’t serious, and is more realistically dangerous. Inflation is easily the greatest enemy of growth.
The term “social Justice” is a dishonest insinuation that one ought to agree to a demand of some special interest which can give no real reason for it. It’s the mark of demagogy or cheap journalism which responsible thinkers ought to be ashamed to use.
A lot of time passes before the capitalist receives income from the consumer, and the entire process is subject to risk and uncertainty. The capitalists receive their reward because of waiting and of bearing risks and uncertainties, while the wage earners receive their remuneration regularly long before the product reaches the final consumer.
The concept is simple: a sober social network where anyone who is clean for 48 hours can realize their potential through physical fitness.
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