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Murry N. Rothbard on state versus free-market capitalism.The difference between free-market capitalism and state capitalism is precisely the difference between, on the one hand, peaceful, voluntary exchange, and on the other, violent expropriation. I don’t see even the most Left-Wing scholar in this country scornfully burning his salary czech.

Invisible Hands & Markets: Victory for the Nation
The State Government has been forced to pay a further $60 million for a pocket of harbour foreshore it bought two years ago, to a property developer who never owned the land.
The final bill to taxpayers for the old Caltex industrial site at Ballast Point, Birchgrove, will now pass $75 million, three times its original estimated cost.
For the property tycoon Lang Walker, an $825,000 deposit (since repaid) has secured $60 million compensation for a hypothetical housing project on contaminated land.
The magnitude of the payout verges on the obscene...
• Harbourside land deal to cost state $60m more [ Developer cries foul over illegal retail centre: A western Sydney property developer, Nabil Gazal, versus Frank Lowy of Westfield fame]
• · See Also Minister quits and forests are sold off - all in secret
• · · On(e)liner John Quiggin: Election 2004: Labor’s economic policy options in the coming election
• · · · See Also Philip Morris pays $1.25bn to settle its money-laundering and smuggling case
• · · · · Greens research website: MPs Income The public not only has a right to know: The NSW Greens have done for the first time what generations of politicians have resisted: publish the salary details of all NSW MPs ((Devotion to Catholic faith led me to residence - Peter Breen ))
• · · · · · White House Staff Salary Analysis: Leaked list of what folks working in the Bush Administrayshun make: No Surprises here Sins of Wages: The minimum wage is nothing but a huge off-the-books tax paid by a small group of people Blogosphere: ((Wages: Brayden King, Stephen Landsburg, Brad Delong, Robert Waldmann, Tyler Cowen, and John Quiggin)) Business Week: (((Series of articles comparing pensions around the world)))