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Thursday, September 30, 2010
A Great Time at Beacon College
It’s been a great week for me! On Tuesday, I traveled to Leesburg, Florida, which is about 1 ½ hours from Orlando to give a lecture on the principles of libertarianism to the student body at Beacon College, which just happens to be one of the most fascinating schools in the country.
The student body consists of 150 students, all of whom are learning-disabled. The school was founded some 20 years ago by a group of parents with learning-disabled children who wanted a school that focused on providing an excellent college education that oriented toward each student’s particular learning disability.
When I arrived, the school treated me to a friendly tour of the campus facilities, including the chance to meet and converse with some of the professors, whose educational skills encompass not only the substantive subjects they teach but also the ability to help the students confront and deal with their specific ...
Friday, August 27, 2010
The Market as a Redistributor of Wealth
One of the primary arguments employed by statists to justify the welfare state is the necessity to equalize incomes. The rich just get richer and richer, and the poor just get poorer and poorer, in a free-market economy, say the statists. To balance things out, they say, the state must take from the rich and give to the poor.
Nothing could be further from the truth. Actually, a free market is a tremendous engine for the redistribution of wealth, one in which the poor become rich and rich become poor.
In other words, you don’t need the state to confiscate and redistribute wealth through income taxes, estate taxes, or any other taxes. The market does a fine job in redistributing wealth.
In fact, the market is the most just vehicle for redistributing wealth because it’s based on voluntary choices, not the coercive action employed by the state. In the marketplace, consumers are ultimately ...
I grew up in Laredo, Texas, a border town that no doubt causes no small degree of consternation to those who lament Mexican culture in the United States.
I’d estimate that when I was growing up, about 95 percent of Laredoans were of Mexican descent. When Laredoans were summoned for jury duty, I’d estimate that about 20 percent of every panel had to be disqualified because they couldn’t speak or write English.
Many of the streets of Laredo are named after Spanish, Mexican, or French historical figures, such as Hidalgo, Zaragoza, and Iturbide. Signs in stores are both in English and Spanish. Store greeters say, “Buenos Dias” or “Good morning” to customers based on whether they look Mexican or Anglo.
None of this bothered anyone in Laredo. No one ever cared what language people spoke. People adjusted, including the small percentage of Anglos in the town. My father, an Anglo who was born and raised in San Antonio, was never able to ...
