Interventionism

Is it all bad news? There is still entrepreneurship. There is still innovation.

The fact that Social Security's generational highjacking is politically well established doesn't make it ethical. We send private Ponzi scheme organizers to prison for good reason.

Free trade promotes economic progress.

There is no clear basis in economics, ethics, efficiency, or fairness for Minimum Wage Laws.

Less and less and less?

There has been far too much concentration on the form of taxation and not enough on its total amount.

Mises explains why government intervention fails yet continues on.

Forget Jerome Powell's fanciful "soft landing" or the notion that the Fed can pull another rabbit from its hat. The banking system is headed for a crash and monetary authorities likely will make things worse.

Janet Yellen admits she underestimated inflation, but she still does not realize that inflation is not higher prices, but the increase in fiat money that forces up prices.