Interventionism

Unfortunately Obama's Road to Serfdom is not fiction and no laughing matter.

"If there is any hope for our economic future, we must come to a sound understanding of what got us here."

In sum, the "change" that Obama promised his mesmerized supporters in the election campaign, and is now in process of actually delivering, is nothing more than change from dumb to dumber and from bad to worse.

As the president signs the trillion-dollar stimulus package into law, financial networks are abuzz with investment pundits speculating on what comp

The Black Book of Communism is a standing rebuke to any living soul who claims that economic understanding doesn't matter.

Regardless of mantras of change, politics is unlikely to change unless President Obama heeds the lessons learned from the inaugural ceremony. His first move should be a drastic reduction in the government's size and scope.

"Desocialize credit risk and let the bank runs take their toll."

Government efforts to stimulate entrepreneurship and startup companies, and to spur job growth, are not only detrimental to market participants but to the startup companies themselves.

Economic depression is good for the state. Even if the state knew how to end it, why would we suppose that it has the incentive to do so?

"Egyptian workers during this period suffered badly from the abuses of the state intervention of the economy…"