Interventionism

Discarding the possibility of a change in public labor policy, the only means of restoring equilibrium in the labor market is through a sustainable increase in aggregate demand for labor — an increase in private investment.

This is the sense in which our fiat-money, fractional-reserve system uses "debt-based money."

The bottom line is that, for today's 21-year-old, Social Security is a negative return.

For all these reasons, appealing to a monarch to impose laissez-faire from above can only be a losing strategy.

The bottom line is that trade sanctions create poverty.

"Because there is no link between the 'revenue' acquired by government agencies and the costs they incur, there is no way of utilizing the yardstick of profitability to evaluate whether agencies are performing a useful function."

The right alternative is not yet another and more global experiment in paper-money inflation.

Free trade and free markets, through the harmony of reciprocal benefits, advance the interest and happiness of all by each seeking his own personal

Jeffrey Tucker interviews Tom Woods on the topic of the forthcoming online Mises Academy course, “The New Deal: History, Economics, and Law,&

So the basic strategy of trying to convert the king led inexorably to at least a broadly utilitarian approach to the problems of freedom and government intervention.