The Wichita City Council will consider new taxicab regulations that, city hall hopes, will improve tax service in Wichita. But the regulations create high barriers to entry that stifle entrepreneurship and market competition, likely dooming the program to fail.
Archive of posts filed under the Libertarian Party category.
Palmer, activist for capitalism, to speak in Wichita
Tom G. Palmer, activist for capitalism and editor of the new book The Morality of Capitalism, will be in Wichita on May 16th.
Kansas and Wichita quick takes: Thursday May 10, 2012
Today: Kansas tax reform; School funding; Separation of art and state; Stimulus spending; Elizabeth Warren; Drug court to be Pachyderm topic; Failure of socialism to be shown; Yes we can! No they can’t!
Myth: Privatizaton and marketization in post-communist societies were corrupt, which shows that markets are corrupting
Mere “privatization” in the absence of a functioning legal system is not the same as creating a market. Markets rest on a foundation of law; failed privatizations are not failures of the market, but failures of the state to create the legal foundations for markets.
