Jesús Huerta de Soto traces the Austrian school's intellectual roots from the Spanish scholastics to Rothbard, making the case that anarcho-capitalism is the natural endpoint of the classical liberal tradition.
As investors become squeezed as the economy tightens, they look toward the government to provide them with even more cheap credit. Ordinary Americans are paying for these unsound policies.
The federal government heavily subsidizes certain politically-connected food growers in the name of “protecting our food supply.” Actually, the government protects the livelihood of those that promote unhealthy foods.
Anyone who cares about American greatness must also refuse to allow us to become the kind of society that shrugs off the crimes our government commits in our name and with our money.
America has a long history of vibrant small business. But small business went into decline in the twentieth century, and it wasn't just due to large scale industrialization. Government has played a big role.
While Adam Smith has played an important historical role in the development of economic thought, as Murray Rothbard pointed out, he hardly is the original apostle of laissez-faire economics.
Mainstream finance regularly confuses finance, insurance and betting. The Austrian School provides the tools to understand their differences.
Murray Rothbard’s system was built upon the natural rights of individuals, and tying liberty to property and ownership, not collectivism.
Beyond the initial oil shock, the Iran war is also laying the foundation for ongoing monetary inflation and price inflation, with no real change to the US regime’s commitment to easy money.
All aboard! Government policies are moving us down the tracks into proverbial political perdition. This is a ride many of us would rather not be taking.
