International Liberty

Being pro-market is not the same as being pro-business. A free market means that nobody is using the coercive power of government to obtain unearned goodies, and that is true for big business as well as big labor, or any particular segment of the population.

Indeed, handouts to big business are the worst form of redistribution, as I noted in my previous post, because they transfer money from the poor to the rich and thus violate “Mitchell’s Guide to an Ethical Bleeding Heart”.

This is why I have strongly criticized subsidies and favors for the business community, whether for entire industries or for specific companies such as General Motors, Wal-Mart, and General Electric.

But it’s not just big business that should be weaned from the public teat. Veronique de Rugy of the Mercatus Center has a Wall Street Journal column explaining why the Small Business…

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