Posts tagged “pollution”

Toward An Authentic Santa Clara Valley

The Libertarian Party (US): a political party in the United States that promotes civil liberties, non-interventionism, laissez-faire capitalism, and limiting the size and scope of government. The party was conceived in August 1971 at meetings in the home of David F. Nolan in Westminster, Colorado, and was officially formed on December 11, 1971, in Colorado Springs, Colorado. The organizers of the party drew inspiration from the works and […]

To Subsidize Is To Tax

The social cost of the tax that pays for the subsidy is greater than the gain to the buyers, because the extra buyers are able to to buy it at less than the market price. A subsidy lets people buy stuff below the price that would be set in a market. In a free market, […]