Interventionism

Just as more and more analysts are worried about the economy imploding again, the NBER announces that the recession ended back in June 2009. The whole episode underscores the crudity of mainstream economics.

Our analysis indicates that not only can fiscal stimulus not revive the economy but, on the contrary, it can also make things much worse.

Coke's legal-economic philosophy might be summed up in a phrase he used in Parliament in 1621: "That no Commodity can be banished, but by Act of Parliament."

The only chance to prevent the exchange value of fiat money from collapsing altogether is a return to sound money — a way that would start by reanchoring fiat monies to gold, as outlined most prominently by Mises, Rothbard, and Sennholz.

It is very difficult to convince someone that if they refuse free money they will be better off.

It takes a lot of PhDs to convince the public that their systematic looting at the hands of politicians is actually for their own good.

Anthropogenic Global Warming (AGW) promoters have good reason for steering people away from the science. Once you start to tug on that ball of yarn, the entire politically motivated fraud starts to unravel.

The best remedy would be for the government to stop interfering and let the market process work.

"The idealist … sees the state as a neutral tool. If it can be used for the benefit of the rulers, it can be used for the benefit of the people, as if a slaughterhouse for the benefit of the farmer could be used for the benefit of the animals."

"Politicians have a vested interest in preventing the alleviation of poverty. If Americans are fully employed and earning continually increasing wages, who needs the thousands of welfare bureaucrats in Washington?"