The Only Corporate Social Responsibility A Company

What Does It Mean To Say That Government Might Have A Responsibility? Government Can't Have A Responsibility Any More Than The Business Can. The Only Entities Which Can Have Responsibilities Are People.

The High Rate Of Unemployment Among Teenagers, And Especially Black Teenagers, Is Both A Scandal And A Serious Source Of Social Unrest. Yet It Is Largely A Result Of Minimum Wage Laws. We Regard The Minimum Wage Law As One Of The Most, If Not The Most, Anti-black Laws On The Statute Books.

George Stigler Was A Delightful Correspondent. In A Letter From London In 1948, After Remarking On The Inconvertibility Of The Pound And The Inedible, Still-rationed Food, He Concluded, "so Here I Am Losing Weight And Gaining Pounds.

A Private Enterprise System Needs Some Measuring Rod, It Needs Something, It Needs Money To Make Its Transactions. You Can't Run A Big Complicated System Through Barter, Through Converting One Commodity Into Another. You Need A Monetary System To Operate. And The Instability In That Monetary System Is Devastating To The Performance Of The Economy.

Only Government Can Take Perfectly Good Paper, Cover It With Perfectly Good Ink And Make The Combination Worthless.