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What kind of internal life makes "I was told to leave" a reason to kill someone?
The post The Pope’s Screed Against Human Intelligence appeared first on New Ideal - Reason | Individualism | Capitalism.
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"Every despotism has a specially keen and hostile instinct for whatever keeps up human dignity, and independence. ... [T]o de-personalise man, this is the dominant drift of our epoch. ....
"What is threatened to-day is moral liberty, conscience, respect for the soul, the very nobility of man.
"What is threatened to-day is moral liberty, conscience, respect for the soul, the very nobility of man.
~ Henri-Frédéric Amiel, Amiel's Journal, June 17, 1852
Price controls never control prices in the way the controllers wish. Instead, they 'control' quantities demanded, either increasing demand (with a price cap) or diminishing it (with a floor), but in neither case can markets clear. Short-term net result is market chaos; longer-term result is withered markets.
This is generally a bad thing.
But there might be one exception. And the European Union may have just found it:
Any price cap increases demand while reducing producers' ability to meet the supply demanded. Short-term result is undersupplied markets, black markets, and reduced quality.
But what about when it's only a notional market anyway?
Notes David Turver:
"Capping carbon prices is a small step in the right direction, but scrapping the ETS altogether would be better because paying carbon taxes to the Government won't change the weather."
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