Ep. 77 – Is the Opioid Crisis A Government Created Plot?

President Trump recently declared the opioid epidemic a ‘public health emergency’ in the United States. While this focused national attention on America’s deadly drug addiction, the opioid crisis hasn’t spiraled out of control because of a lack of government intervention. It’s spiraled out of control largely BECAUSE OF GOVERNMENT INTERVENTION. Bad government policy like the … Read more

No Tipping Is No Bueno – An AnCap Perspective

This article originally appeared at monicaperezshow.com. I am reprinting it because of its relevance to this recent article: New Class-Action Lawsuit Accuses Chefs of No-Tipping ‘Conspiracy’. Nice title–way to prejudice the reader!

tipping

Capitalist society is self-ordering and tipping proves it!

Anarcho-capitalists claim that capitalist society is self-ordering. Hayek called it “spontaneous order.” Understanding this concept constituted my ancap epiphany. The premise is simple: arms-length transactions give rise to all the apparatuses needed to conduct and secure them.
I frequently take opportunities to point out to people in my everyday life that all the order we see around us is a function of our voluntary actions and self-interest. Rarely if ever do we see police forcing us to pay for our orders at McDonald’s. The counter-argument inevitably is: “The knowledge that the police are just a phone call away is what keeps everyone acting right.” I disagree, and the custom of tipping waiters and waitresses demonstrates why.
I was a waitress for seven years. In all that time, I can remember only a handful of tips that weren’t fair. I got 15% or more virtually every single check. Why? There is no law that a tip must be paid. None. The waitress could call you names on the way out, but she couldn’t call a cop on you. Why do people tip, and tip fairly–generously even? Perhaps it’s a sense of justice, perhaps it is fear of censure…whatever it is, it is a self-enforcing rule with no legal consequences for breaking it, yet it is almost never broken.

So why is there a movement to replace tipping with a higher minimum wage for waitresses?

Read moreNo Tipping Is No Bueno – An AnCap Perspective

Flashback: The Forgotten 4%

Since taxes are in the news, I thought I’d repost this…it was one of my earliest posts (originally published in April 2012), so please forgive all the exclamation points!!!!
All this talk about fairness and the “rich” paying their “fair share,” you’d think the lower classes were bearing the greatest burden of taxation but they are not, not by a long shot!  First of all, 49.5% of tax filers pay NO INCOME TAX WHATSOEVER–these of course are the lowest earners, not the highest earners!  For this reason, and others, the United States has one of the most progressive tax systems in the world and has the highest corporate tax rate in the world.
I do think the current tax system is unfair, but because only the top half of all earners pay anything at all! And what’s worse, it’s the top earners, not the wealthiest, who pay the vast majority of the taxes. The idle rich (not that there’s anything wrong with that!) and the government-connected rich (there IS something wrong with that!) aren’t necessarily the ones paying income tax. Income tax is paid by those who earn an income for labor. The richer you are the less you need to do this so per force the majority of the highest earners are still below the level of those rich enough not to have to work–this is primarily (and perhaps by definition) the upper middle class.
According to the chart below, the lower 95% of earners are paying the same in taxes as the top 1%–both groups pay roughly 40% of the taxes. That other 4%,

Read moreFlashback: The Forgotten 4%

Skip to toolbar