Why Do You Need a License to Braid Hair?

Occupational licensing makes life difficult for millions of would be entrepreneurs across this country.

In most cases such licensing is merely a way to restrict competition. Want to braid hair? Go get a license. Can’t afford the license and the ridiculous time requirements for a license? Well, too bad. Guess you don’t have what it takes to braid hair.

And the same goes for all sorts of occupations, even lemonade stands in many places.

This red tape contributes to poverty.

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Vote with your dollar, it might be the most important vote you have (VIDEO)

Vote here.

Yes this is an old video of Woody Harrelson. Yes, he has probably said a million things which are completely wrong. But in this clip he is basically right. Vote for what you want at the grocery story, at the car dealership, at the bank. In a private economy where responding to the customer matters, you have considerable power.

In a world dominated by government, your power is greatly diminished however.

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Capitalism Is Good for the Poor (Often spectacularly good)

Not only is it good, it is often spectacularly good.

It’s not just me saying this. This is an assertion which can be measured and seen. Anyone who does not understand that capitalism has made the world a better place, has filled stomachs, cured diseases, has helped people broaden their horizons, and has just generally made things in this life more tolerable either doesn’t understand what capitalism is or has simply never looked into the matter objectively.

It really does blow my mind that so many supposedly educated people do not understand what a force for good capitalism has been.

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How the West (and the Rest) Got Rich

I find it funny (and terribly sad) that so many supposedly informed and educated people don’t understand what a miracle capitalism (and the Western tradition, including English common law) truly is. Many of us, perhaps most of us wouldn’t even be alive today if it was not for the concepts which spread from northwestern Europe, to North America, and then beyond. We live in amazing wealth. Even the poor in the West have amazing wealth relative to the poor throughout history and relative to parts of the world where commerce is stifled by statism,

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Chicago’s Pension-Fund Woes Just Became $11.5 Billion Bigger

The folks in Washington are trying to bail out Puerto Rico with taxpayer money. Watch, as Illinois and other states and cities with massive government sectors and high taxes continue to crumble they will start agitating for their own bailouts. Again I say it’s time to consider carving out the big cities. They seem to hold the rest of the country in contempt anyway. I say let the big government islands bail themselves out if they fail to come to terms with fiscal reality.

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America’s Red-Tape Machine Ensnares Millions of Young Have-Nots

Occupational licensing in most cases is simply a crony ploy. It’s not about public safety. It’s about creating barriers to entry for people seeking to business in the marketplace. On net such licensing hurts society and particularly the young and the relatively less well off.

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Competitive Capitalism at Work (PIC)

The chief reason we have witnessed miracles like the one below (and truly it is a miracle) is because unlike most industries tech has operated with minimal regulation and has remained highly competitive. In tech, success comes from out innovating one’s competitors not in getting in tight with the right politicians and regulators. (At least this has been the case though Google seems to be getting cronier by the day.)

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Some CEOs don’t like that cronyism is increasingly under the microscope

“The precipitousness of the political debate is a little scary right now,” said Jim McNerney, who served as chief executive of Boeing Co. until last year and as chairman until February, at a recent industry conference.

“Anti-business” and “anti-market” are 2 very different things.

Many feel frustrated these days. There is the sense that there is an agenda and that everyday people are not part of that agenda.

Many people have been under considerable economic pressure since the Crash in 2008,

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How White Castle Will Adjust to a $15 Minimum Wage in New York

The effort to increase the minimum wage is driven by a mix of economic ignorance, self interested unions which will benefit from such an increase (dues, adjustments to other contracts etc.) and good old political opportunism.

Some will never understand (or prefer not to understand) that the business owner provides a service which has value in the marketplace. A business preforms or it goes out of business.

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Ignorance reigns on Twitter yesterday, #Resistcapitalism trends, Cluelessness abounds

If you are “resisting capitalism” you are “resisting human progress.” You are resisting the voluntary exchange of goods and services. You are resisting opportunity for people to make a better life for themselves through hard work. You are trading that opportunity for a system which rewards the uncreative and unambitious. (And perhaps you understand this.) You are fundamentally resisting FREEDOM and LIBERTY, because “economic liberty,” the right to do what you want with that which you own, is not separate from social FREEDOM and LIBERTY.

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