In 1956, Mises showed how the supposed failures of the market economy were failures of the state and documented the traits of anticapitalism. In 2009, the facts have changed but the message remains the same.
We once did have private roads, several centuries ago.
"You libertarians are really nuts. … Why depend on the willy-nilly whims of some capitalist exploiter when the state is there to provide this wonderful service for free?"
Austrian economists like Ludwig von Mises and F.A. Hayek opposed government intervention in the macroeconomy because that intervention leads to distorted relative prices and malinvestment.
Carabini admits in the first chapter that in his opinion people are in general attracted to one of two opposing camps — those inclined to liberty and those inclined to mastery — and it is rare that exposure to additional evidence and facts sways anyone to switch camps.
It is time for highway privatization, with MADD taking a lead role in this initiative.
Simultaneous discoveries tend to be the rule rather than the exception.
The modern freedom movement depended heavily on open-source materials.
Burt's support was more than financial; he also offered his time and energy with great generosity.
Rothbard has been proven correct. Mathematical modeling has revealed itself to be a vain and formalistic exercise incapable of explaining the international currency crises, stock-market and real-estate bubbles, or the global financial crises that have racked our world in the past two decades.
