It is not only possible for price controls to create shortages (as evidenced during World War II rent control – see pp. 105), but also surpluses. Since price controls do not allow the actual conditions of supply and demand to be reflected in prices, it is not surprising when a price floor on a particular good ends up […]

In sect. [28] (pp. 16) of his Second Treatise of Government, Locke poses an engaging question, that is ; when exactly a common resource becomes someone’s private possession. He uses the example of apples on a tree in unclaimed property. If a man is strolling through some woods and chances upon an apple tree, what […]

Underlying the argument for lowering the voting age to 16 is the preposterous notion that a person’s accumulated maturity, demographic, and existing political knowledge play almost no part in determining their suitability to vote. Along the lines of classical western thought, voting was frequently considered an obtained privilege bestowed strictly to the responsible and contributing […]

How we choose to answer certain fundamental questions about our existence plays an indescribably influential role in our prospective thinking. Fundamental questions pre-exist the construction of our belief system. Whether or not our belief system is assembled upon reliable answers to these questions is what concerns us the most. But it should be noted, that […]

This is an unfinished assesment of the concept of ideology, do not hesitate to provide your thoughts on what has been written so far, It seems Ideologies can be reasonably considered as belief systems assembled on incomplete interpretations of reality. For example, the way in which we conceptualize the natural state of man can make […]