By Carl Close | Tuesday October 12, 2010 at 8:39 AM PDT | 2 Comments
Justice is among the oldest ideals in Western thought. Although philosophers have long debated its meaning and application, they have usually agreed that justice deals with individual merit or individual actions. The perennial question has been: by what standard should someone’s actions be praised or blamed, rewarded or punished? not: whom should society provide...
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Tags: Government subsidies, Law, Morality, Natural Law, Philosophy, Power, Utilitarianism
By Robert Higgs | at 8:26 AM PDT | 6 Comments
Writing for CNBC’s “Behind the Money,” John Melloy describes the findings of a recent survey of investors: Institutional investors fear a government policy mistake far more than inflation, terrorism, a housing double dip, a weak dollar, poor earnings or any other potential risk to the economy, according to a survey of 100 mutual fund,...
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Tags: Business, Citigroup Global Markets, Congress, dollar, Economics, Federal Reserve, Inflation, Institutional investors, international reserve currency, John Melloy, Obama, Politics, Property Rights, protectionism, recession, Terrorism, The State, weak dollar