By Lawrence W. Reed For three hours, the famous “standoff at the schoolhouse door” riveted the country’s attention. Alabama Governor George Wallace physically blocked the entrance to Foster Auditorium at the University of Alabama in Birmingham. His intent was to prevent two students from registering for classes. Why? It had nothing to do with the content of their … [Read more...] about The Golden Rule Is as Golden as Ever
By Michael Munger What limits should be placed on the ability of individuals to enter into negotiable agreements? It’s tempting to say, “none.” But there are some “agreements” — those reached under duress or in restraint of trade or other rights of third parties — that the state may decline to enforce, or outlaw completely. Presumably, if an exchange is truly voluntary, … [Read more...] about What Does “Voluntary” Actually Mean?