Imagine a system in which a private company, as a government service provider, offers you the protection of life, liberty, and property. This service includes internal and external security, a legal and regulatory framework and independent dispute resolution. For these services, you pay a contractually fixed fee per year. The state service provider as operator of the community can not unilaterally change this "citizens contract" with you later. As a "contract citizen", you have a legal claim to compliance and a claim for damages in the event of failures.
When we think about people in the public eye we should thank, we think of figures such as Mother Teresa (we'll let Christopher Hitchens spin in his grave at this mention) or Princess Diana, who virtuously stood out because of their charity work. However, it is demonstrably true that the people who create the technology that betters our lives need an even bigger sense of gratitude.
The Tax Foundation released its 2018 International Tax Competitiveness Index, which you can download here.
Brazil elected Bolsonaro as its new president. What does the future of freedom in the country look like?
Jair Bolsonaro, a nostalgic of the military dictatorship, elected this Sunday 28th president of the biggest Latin American nation, promised to "change the destiny of Brazil", after an aggressive campaign that exposed the resentments of the majority of the population against the status quo that governed the country for 14 years. The captain of the Army reserve, candidate for the PSL, had 57.8 million votes (55.1%) against 47 million of his adversary, the socialist from the Worker’s Party (PT) Fernando Haddad (44.9%).
In the 70’s, Chile was a country devastated by Salvador Allende's interventionist policies. The socialist government had destroyed the economy and destabilized society, leaving the nation in a complete socio-economic ruin which was compounded by the lack of individual freedoms. Given the worrying situation, not surprisingly, the Chilean economy was moribund and other Latin American countries such as Mexico, Venezuela, and Argentina easily surpassed their standard of human development.
“There are two sides to every issue: one side is right and the other is wrong, but the middle is always evil … In any compromise between food and poison, it is only death that can win. In any compromise between good and evil, it is only evil that can profit.” (Galt’s Speech)
Since the end of communism, countries suffering from the economic destruction of collectivism have risen out of the ashes, and are turning into prosperous and modern countries. Time to celebrate!
Back in November, I wrote an FTN piece about the fight of students such as Frédéric Jollien, against the mandatory media royalties in Switzerland. They campaigned for the abolishing of a yearly tax of 450 CHF (€385/$453), used to finance public TV and radio stations. One of the most vile criticisms howled at them was that such a move would get rid of these public broadcasters and their cultural enrichment.
Facebook founder Mark Zuckerberg recently appeared in a hearing in the European Parliament. EU legislators wanted to re-create a similar situation than the hearing conducted in the U.S Congress. Once again, Zuckerberg found himself at a public trial, being used for the self-aggrandisement of politicians. Why does nobody appreciate the value created by Silicon Valley giants?
The amount of stories and commentary in mainstream news sources about how the internet ruins childhood, attention spans and social interactions, is immense. If you were to arrive in this day and age with a time-machine from the 1960s, you'd think that the internet was the first possible thing one could possibly use: giant corporations frantically praying on consumers which become the victim of the technological age.