The argument for free markets: morality vs. efficiency
Article Abstract:
Morality is the major focus of attempts to achieve free market extension and preservation. State interventionists have no chance against thoroughly planned moral arguments for the private ownership of voluntary exchange, property and market parity. Moral arguments are easily understood by people on a private basis. However, people usually perceive government redistribution as a legitimate coercive measure. People will have to be convinced that morality is not established by a majority vote. In addition, free markets are better than other forms of human organization in terms of morality.
Publication Name: The Cato Journal
Subject: Political science
ISSN: 0273-3072
Year: 1995
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The challenge to the U.S. postal monopoly, 1839-1851
Article Abstract:
The US Post Office faced stiff competition from private postal services during 1839-1851. The emerging private organizations charged cheaper rates by making effective use of railroads and steamships, and capitalized on the high cost of government postal services. The monopoly of the Post Office was important to congressmen, as the profits earned by the post office went to political groups and postage served as a tax. Private competition led to reduction in government postage rates, the introduction of prepayment with stamps, and intracity delivery and pickup facilities.
Publication Name: The Cato Journal
Subject: Political science
ISSN: 0273-3072
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
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