Fiscal Policy, Redux
"Taxing away a person's ability to fulfill his own wants and then providing him with things he may not care about makes him worse off."
"Taxing away a person's ability to fulfill his own wants and then providing him with things he may not care about makes him worse off."
Dionysius's modern counterpart not only has ministers to advise him but also professors of economics to explain to the public how the abundance in their pantries is improved by inflation.
I see a pattern there — a pattern that can mean slavery for free men everywhere if it is not broken.
Although John Cassidy didn't realize it, his analysis underscored the role that government policies played in the recent financial disaster.
"Just as serious as the economic disruption are the social consequences of inflation."
"The object aimed at in the punishment of vices is to deprive every man of his natural right and liberty to pursue his own happiness under the guidance of his own judgment and by the use of his own property."
Until corporate welfare takes a backseat to real, proven solutions that help stateside consumers save a bundle at the pump (and help our less-prosperous allies financially), corn will remain king.
If Washington had done nothing at all after 9/11/01, either in domestic or foreign policy, the world would be much more peaceful and prosperous today.
The inevitable result will be the complete dissolution of the private health-insurance market.
"Milton's argument that the people need free expression of thought rests not upon their inherent virtue, but upon the very fact that none of them are virtuous enough to properly decide the right books for all."