I live in the Old Dominion, Virginia, mother of presidents and land of the Blue Ridge Mountains and the Chesapeake Bay. Our tax burden is on the edge of becoming overly burdensome. Thankfully there’s still enough sense in the commonwealth to keep the Northeastern interlopers in check. (They want Northern Virginia to become New Jersey.)
The cosmetology industry is all about creating barriers to entry for those who would like to start businesses cutting, styling, or in this case even braiding hair. Often aspiring stylists must take hours of classes and adhere to nuisance laws which are designed to keep people from coming into the business. (And to keep the cost of services higher than they otherwise would be.)
We had a good article from The Washington Post, and today we’re featuring one from The Atlantic. Have the libertarians infiltrated the mass media? I don’t think so but it’s great to see crony capitalism (the huge threat) being discussed in mainstream periodicals.
Paul Krugman just does not see how free markets and prices could appeal to anyone, but particularly and especially to those who are not wealthy. The poor have no interest in an economy which is free he believes. The best the poor (indeed most people who are not as privileged as he is) can hope for are the bits and pieces, the dregs, a socialized economy can “provide.” The best bet for the poor is always is in the collective.
The United States is supposed to be the place where entrepreneurs can flourish. It’s supposed to be a place where if one has a dream, is willing to hustle, and meets the needs of the market, one can grow a business. This is the “land of opportunity.” Carve something out of the earth. Build something to the sky. Grow. Work. Create. Fail. Try again. Succeed. America.