r/austrian_economics:

u/JC_Everyman

Same as it ever was. Big interests have ALWAYS controlled governments. It’s kind of the purpose of governments. “Keeping power in power since 8,000 BCE!”
u/JC_Everyman

Priced risk is a MF to be sure. I was probably 35 before I learned that insurance companies buy insurance.
u/JC_Everyman

That’s the beauty of shared risk. The details of who gets in the pool, however…
u/JC_Everyman

Biodiversity is real and needed for sustainable ecosystems, but I get it. You think money is rad.
u/JC_Everyman

I’d like that question answered in good faith.
u/JC_Everyman

Republicans aren’t even Republicans anymore.
u/JC_Everyman

Perhaps, but couldn’t find the loving touch of another human.
u/JC_Everyman

So, like, no questions asked five million? (As in, “Where’d you get that?”
u/JC_Everyman

Friedman’s ideas are predicated on firms being creative and competitive. My experience is that corporations are anything but. My industry is currently trying to get the current government to remove all regulations on the ownership of broadcast licenses. My company isn’t pushing for less regulation to be more competitive.
u/JC_Everyman

In this model, who owns the air, and how is this documented?