Government And Business

Chilling commerce

Most people have heard the phrase “chilling effect” in connection with free speech. The idea is that vague laws can cause people to stop speaking out of fear that they might say something that violates the law.
Government And Business

John Allison on how Dodd-Frank is smothering small business lending

We have heard several prominent business leaders — such as Home Depot co-founder Bernie Marcus and Subway founder Fred Deluca — state that they could not have started their amazingly successful businesses if they had to do it in today’s regulatory environment. This is alarming, and it is important to get a concrete sense of how regulations are killing the potential Home Depots and Subways of tomorrow.

Further Reading

Ayn Rand | 1957
For the New Intellectual

The Moral Meaning of Capitalism

An industrialist who works for nothing but his own profit guiltlessly proclaims his refusal to be sacrificed for the “public good.”
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Ayn Rand | 1961
The Virtue of Selfishness

The Objectivist Ethics

What is morality? Why does man need it? — and how the answers to these questions give rise to an ethics of rational self-interest.
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