The Sherman Act of 1890 finished the era of truly free market in the United States of America, although, ironically, it has been directed at protecting the freedom of competition. It may seem obvious that the law that limits the competitors cannot be protecting the competit...
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Opportunity Cost as the Basis of Decision Making
Some economic principles (in fact, most of them) are not limited by the sphere of economics and have great influence over the other lines of human activity. The idea of opportunity cost is one of them. It means that the value of any action should be judged according to how ...
Free-Rider Problem and the Purpose of the State
There are many ideas concerning the purpose of the state: why it appears, what its functions are and so on. The economical science has a simple answer to this question that is limited to one phrase: the free-rider problem.
The free-rider problem is an economical p...
Are the Natural Resources of the Earth Limited?
Every now and then we can hear hysterical voices, threatening that the humankind will exhaust all the natural resources of our Earth in 10, 20, 100 years (the exact figure varies according to the level of anxiety of every particular doomsayer). But how much credit should we...
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Robert Heinlein, Moon is a Harsh Mistress
Moon is a Harsh Mistress is rightfully considered to be one of the classical examples of science fiction libertarian prose; even to an extent of being awarded a corresponding award and lending a motto TANSTAAFL (There Ain't No Such Thing As A Free Lunch) to the Libertarian ...
Neil Gaiman, Terry Pratchett, Good Omens
The movie Omen or at least one of its numerous sequels is known, at least as hearsay, to everyone. A little boy who is the son of Satan is born into a family of a powerful American ambassador which leads to all kinds of supernatural happenings with generally bad ending. Two...
Critical Essay on Dirk Gently’s Holistic Detective Agency by Douglas Adams
Douglas Adams is best known for his cycle The Hitchhiker’s Guide to the Galaxy in five books; the rest of his works are much less famous, and for no good reason. Dirk Gently’s Holistic Detective Agency first introduces Dirk Gently – a shabby-looking detective working ...
Should Teenage Pregnancy be the Responsibility of Society?
Today more often than not we can hear the opinion that the society should take care and responsibility for that; that certain evils cannot be considered personal problems, but only can be solved by human community in general. One of such popular problems is teenage pregnanc...
Law Enforcement Cameras – Necessity or Dystopian Nightmare?
Today we can hear more and more often that the methods of law enforcement should move on together with time and apply new technologies in everyday use. One of the most obvious examples of such methods is placement of cameras in the streets, in public buildings, in apartment...
Is Animal Testing Immoral?
We live in the age when people are very concerned with morality and ethics in relations between people, between people and nature, and between people and animals. Some people refuse to eat meat or drink milk because it means cruelty and exploitation of animals; some people ...
