Cycles and Relative Prices
The Austrian theory rests on changes in relative prices that cause resources to be allocated in ultimately unsustainable ways.
The Austrian theory rests on changes in relative prices that cause resources to be allocated in ultimately unsustainable ways.
The story of pork’s decline involves the usual suspects: special interest lobbying arms and the federal government’s 30+ years of war on dietary fat.
You don't need to be a "conspiracy theorist" to see what's going on here. All you have to do is be willing to use your eyes.
Labor unions operate in <em>diametric opposition</em> to the interests of wage earners in general.
Given a choice, the people victimized by government “services” would be willing to pay to be rid of them.
Our job is to be more convincing that there is a wonderful, uncomplicated, and moral system that provides the answers.
What, then, is the real reason why the power elite wants to leave the people defenseless? It has already been observed that guns are necessary for peaceful individuals to protect themselves from criminals. But who has been the most ferocious criminal in history? It is obvious: the State!
The precious children lost at Sandy Hook were victims, not only of an individual monster, but of a collective monster: the State.
Let us hope that the tax credit will return in full force, until that wondrous day when the entire federal revenue system will be one gigantic loophole.
If a state will almost inevitably pass laws that violate the consciences of some citizens, is this not an argument against it?