In the case for liberty, there is certainly some tolerance for error or failure, as it is generally suffered by the individual and not brought upon anyone by design . Wherever anyone seeks to empower government, however, one must be reasonably certain of the designs, the logic and the costs, and he must be equally honest about the unknowns as with the foreseeable consequences; after all, there is no margin for error where those designs are administered by the barrel of a gun. One must necessarily remember that government is a monopoly on force and coercion, that force and coercion serve together as the modifying distinction between government and enterprise. It is a kind of force and coercion not by spirit or intention of written law but in accordance with the letter and understanding of the enforcers in their own time, in their own limited judgment and impaired conscience. As opposed to a state of liberty, where mistakes, failures and crimes are unavoidable in the face of human falli
There is much confusion around the relationship between rising prices and employment, and this is only exacerbated by the rhetoricians in government and elsewhere. This is the confused notion that rising prices and the labor market carry a positive relationship, that rising prices are generally positively correlated with lower unemployment. In economics, there is a drawn correlation between inflation and employment, illustrated by what is known as the Phillips curve. The graphic is used to argue that employment and inflation are positively correlated. The failure of this interpretation, however, is that the lower unemployment figures fail to capture the real improvement of the marginal productivity of labor and the overall standard of living enjoyed by those economic agents. It is the responsibility of any shrewd surveyor to distill all of the available data in order to determine the true qualitative relationship between those sets and what they actually mean. This is where the quality