Libertarian Party of Montgomery County
Promoting liberty throughout the Greater Dayton area and the Miami Valley
Price controls lead to the misallocation of resources, shortages, diminished product quality, and black markets. Prices and wages set on market dynamics reflect underlying economic realities and then send out a signal for help. Price controls only mask these realities, which inevitably worsens the economy’s ability to respond with what ordinary consumers and workers need.
https://reason.com/2024/05/16/no-politicians-cant-fix-prices-and-thats-ok/
Members and supporters of nonprofit groups and political organizations including Nourish Our Neighbors, the Libertarian Party of Montgomery County and the Southwest Ohio Party for Socialism and Liberation say the city law criminalizes feeding and helping the poor.
Ludwig von Mises put it perfectly when stating that “It is big business that makes all the achievements of modern technology accessible to the common man. Everybody is benefited by the high productivity of big scale production.”
Mises goes on to assert that “It is silly to speak of the ‘power’ of big business. The very mark of capitalism is that supreme power in all economic matters is vested in the consumers. All big enterprises grew from modest beginnings into bigness because the patronage of the consumers made them grow.”
Workers who cost more to employ at the minimum wage than these workers contribute to any firm’s bottom line will not be employed…. To point to the high net worths of companies such as Walmart and McDonald’s, Inc., as a reason why hikes in the minimum wage would have no adverse impact on any low-skilled workers is uninformed and unreflective nonsense.
As a libertarian, I would like to abolish a vast range of current laws for reasons unrelated to rule-of-law considerations. I think a high proportion of current laws are substantively unjust; if I didn’t think that, I would not be a libertarian in the first place.
https://reason.com/volokh/2024/04/30/the-difference-between-justice-and-the-rule-of-law/