An Unsustainable Path of Debt Expansion
Mises not only outlined the consequences if the government continues to increase the money supply, he also outlined a monetary reform plan.
Mises not only outlined the consequences if the government continues to increase the money supply, he also outlined a monetary reform plan.
"Instead of buying up toxic assets, the TARP money was used to partially nationalize the banking industry."
Under the Ninth and Tenth Amendments, the brief continues, the plaintiff is denied rights reserved to states under the Constitution, and specifically Blattner's right to make a living by feeding his own wheat to his chickens.
There prevails in the writings of many contemporary authors the disposition to represent every extension of governmental power and every restrictio
"Social scientists should inform the public that our government is not necessarily benevolent"
we should jettison our fiat money system in favor of a gold or multicommodity-metal system (such as gold, platinum, silver, and copper). While we're at it, we should jettison fractional-reserve banking in favor of full-reserve banking.
Ultimately, a living wage in Athens (or anywhere) will actually hurt the poor rather than helping them.
Allowing free entry to the arbitration market would allow firms to compete over the right to interpret and enforce contracts between doctors, patients, and insurers. This situation of dynamic competition will lead to a more efficient allocation of risk burden and make healthcare more accessible and valuable for all consumers.