capitalism. Current Political Philosophies’ Errors to Result in Political and Economic Crisis Congressional Record — US House of Representatives September 20, 1984 and equality of poverty prevails. We have a cancer in the land — the malignant growth of big government — and we can ignore it, treating only the symptoms, hoping
a massive campaign to convince the Scots that secession would plunge them into economic depression. The people of Scotland were even warned that secession would written to justify secession from Britain. Supporters of liberty should cheer the growth in support for secession, as it is the ultimate rejection of centralized
choice for parents increases. This is the standard definition of what constitutes economicgrowth. Economicgrowth takes place when customers can buy more goods and services
correct to blame what is referred to as the excesses of capitalism for the economic problems we face, and especially for the Wall Street fraud that dominates with the cause of the 1980s bubble, as Japan’s economy continues to linger at no-growth and recession level, with their stock market at approximately one-fourth of
even though most of the “cuts” were actually reductions in the “projected rate of growth.” In fact, under sequestration, defense spending was to increase by 18 percent depending on government programs, or will spending be slashed in response to an economic crisis caused by ever-increasing levels of deficit spending. Because
Specific Reforms Required The growth of the American government in the late 19th and 20th centuries is reflected in any way they please, just like the Red Queen in Alice in Wonderland . No rational economic activity can be conducted when the unit of account is undefined. The use of
), and which I refer to in the book, is more than just history and economics, though. It’s math and the sciences, it’s literature, it’s writing, it’s when a student can skip courses, or even whole grades. MI: Even with all the growth in homeschooling, the vast majority of students still go to public schools. So
Thus our system is destined to perpetuate itself until the immutable laws of economics bring it to a halt at the expense of liberty and prosperity. Third Way fully endorsed by both sides, and the argument that the Third Way might slow the growth of big government falls flat. Actually, with bipartisan cooperation, must answer: Is this prosperity real? Will it be long lasting? What is the cost in economic terms? Have we sacrificed our liberties for government security? Have we
school system to provide the intellectual ammunition to combat the dangerous growth of government that threatens our liberties. The internet will provide the compulsion, government commands, and aggressive force, to mold social and economic behavior. Without accepting these restraints, inevitably the consensus will
partisanship and power seeking, with philosophic differences being minor. Economic Ignorance Economic ignorance is commonplace. Keynesianism continues to crisis that has allowed our liberties to be undermined and permits the exponential growth of illegal government power. Without a clear understanding of the nature of
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.