Absolutely! And the effects are devastating in terms of economic progress, let alone the dehumanising of us as thinking human beings with a free will which enable us to create miracles when unbounded by the pathetic bureaucrats...
Excellent article Charl ... a genuine free market would uplift the masses in a way no amount of central planning ever could.
The Establishment however, including ironically economists who are market "friendly", argues for regulation because of "market failures".
In societies wherein Trevor Watkins' Harm Consent Rule, the HCR, coupled to the NoU, the "Nature of Us", would prevail, there would be no market failures.
The free market becomes self regulating as any instance of harm without consent relative to the NoU becomes liable for compensation.
I seem to remember that the speed limit debates took place in the 60’s. My AI says: “Prior to the 1970s, South Africa did not have a uniform national maximum speed limit for open roads. Drivers were largely governed by the principle of "reasonable and prudent" speeds, though various provinces and municipalities had their own specific regulations.
Absolutely! And the effects are devastating in terms of economic progress, let alone the dehumanising of us as thinking human beings with a free will which enable us to create miracles when unbounded by the pathetic bureaucrats...
Excellent article Charl ... a genuine free market would uplift the masses in a way no amount of central planning ever could.
The Establishment however, including ironically economists who are market "friendly", argues for regulation because of "market failures".
In societies wherein Trevor Watkins' Harm Consent Rule, the HCR, coupled to the NoU, the "Nature of Us", would prevail, there would be no market failures.
The free market becomes self regulating as any instance of harm without consent relative to the NoU becomes liable for compensation.
For the NoU see: https://thetaooffreedom.substack.com/p/the-nature-of-us-nou?utm_source=publication-search
I seem to remember that the speed limit debates took place in the 60’s. My AI says: “Prior to the 1970s, South Africa did not have a uniform national maximum speed limit for open roads. Drivers were largely governed by the principle of "reasonable and prudent" speeds, though various provinces and municipalities had their own specific regulations.