Interventionism

We suggest that inflation is not rises in prices as such but the debasement of money.

Recorded at the Mises Institute’s Brown Bag Seminar series on 9 October 1996.

Presented at the Mises Institute’s Brown Bag Seminar series on 30 October 1996.

"Such aggregates have little meaning, as all human action consists of striving for individual goals."

The Social Security system has run its course. It's unfair and it's economically destructive. It's time for the program to be abolished.

With the renaissance of Keynesian economics we can only conclude that the preconditions for a new super cycle have been established, and that if the policies are not reversed we face many years of depressed economic conditions.

So long as Obama continues to expand the state in the domestic area — inflating, taxing, regulating, nationalizing — they will put up with abuses of the human rights that they claim to champion.

Obama's actions have already laid the foundation for a gigantic bubble and a further weakening of economic fundamentals.

"The work of remaking [the world] will be long and hard, and will require some sacrifice."

Fortunately, Austrian economists have shown that every product and service can be offered privately, without the use of monopoly force through government.