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Who do you imagine said this? “[Trade-unions] seem natural to the passing phase of social evolution, and may have beneficial functions under existing conditions.” If you guessed some wily labor leader or social democrat, you are wrong. British laissez-faire advocate Herbert Spencer wrote those words in his Principles of Sociology (1896). Because Spencer was the most prominent and respected individualist philosopher of his time, his statement may surprise some readers.
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After many years, Frédéric Bastiat remains a hero o libertarians. No mystery there. He made the case for freedom and punctured the arguments for state socialism with clarity and imagination. He spoke to lay readers with great effect... Read Post

When two people not under duress enter into an exchange for goods or labor services, both must be expecting to benefit or the exchange would not occur. In any such exchange there necessarily exists a double inequality of value. Each... Read Post

It’s not widely known, but an earlier generation of libertarians condemned so-called right-to-work laws as anti-market, says Sheldon Richman. The New Deal, rather than being anti-business and pro-labor, actually tamed labor by bring... Read Post