Posted: March 17th, 2012 by Militant Libertarian
- Individuals strive to achieve their goals in the best ways possible.
- Every action has a cost.
- Incentives matter.
- Value is determined on the margin.
- Profits and losses help gauge value creation and destruction.
- Government interventions often have unintended and undesirable consequences.
This video is partially inspired by Ayn Rand’s philosophy on one foot.