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In Originalsprache

From Trade to the State and Back

From Trade to the State and Back

The state emerged to fix market failure, it turns out that too much antidote is a poison in its own right. The state behaves very differently, it taxes others, doesn’t pay net taxes and state-owned businesses run on a deficit if costs are properly measured.

Free speech is not for wimps

Free speech is not for wimps

It is far easier to remain silent and avoid standing out in the sea of conformists shaped by the prevailing spirit of the age. Courage always dies first, and then freedom.