According to wikipedia, free market means that the buyers and the sellers agree to a mutual exchange of property without external coercing or anyone of them coercing the other. Free market is a self-contradictory concept because even if we start with economic agents of equal power, small wealth inequalities become economic advantages, that is, coercion [...]

In Romania, the parliament just decided (before the elections, of course, which suggests that we should keep them in continuous elections to make’em do their best) to increase with a blanket 50% the wages of those working in the public education. A college professor was getting about 1000 euro/month, his assistant 400 euro/month. So the [...]

Senator Sanders (independent) is my hero: he proposes that the 700 billion USD bill should be paid by those who benefited the most out of the financial practices who brought US, and the world, in this crisis; specifically, he proposes an amendment tot the “bailout” bill: a rise of 10% on the income tax of [...]