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Might Doesn’t Make Right
Politicians are often exhorted to follow the “will of the people”—to take those actions that are supported by a majority of citizens. This is a very dangerous idea because it can justify virtually any kind of injustice. To illustrate this, consider a recent article in the Summit Daily in Colorado. The article states that “most…
The Rule of Capture
In Texas, ownership of subsurface resources, such as oil and water, is governed by the “rule of capture.” If an individual or business can “capture” the resource–bring it to the surface–it becomes his property. The rule of capture has often been called the “law of the biggest pump.” As the website for Texas A&M explains,…
Capitalism hasn’t Failed
Late night talk show host Bill Maher recently said that capitalism has failed, and this explains why many young people are voting for socialist candidates. “When you’re 30 years old, and you still have roommates? Yes, capitalism has failed you,” he remarked. Maher is wrong. Capitalism hasn’t failed. What we have today is not capitalism….
A Carrot is Better than a Stick
When we have a disagreement with another person, we have two options. We can attempt to change his mind by offering facts and explanations, or we can use force. We can appeal to reason, or we can threaten harm. Unfortunately, a growing number of policy discussions resort to the latter. Consider housing policies as an…
Property Rights are the Fundamental Issue
A recent Supreme Court ruling asserting free speech rights is being condemned by the political Left. In 303 Creative v. Elenis, the Court ruled that the First Amendment protects the right of a website designer to refuse service to gay individuals. Progressives Regressives are arguing that the ruling opens the door for businesses to discriminate…