However horrendous we might find the mass shootings at Columbine, Virginia Tech, and other places, the fact is that when disaffected people start planning mass mayhem, the lack of a gun will not stop them.
As noted in my previous post, the case KSR International v.
Those who lend the government money are purchasing a promise to take someone's property in the future in order to repay the loan.
How is it justifiable to take a person's property in order to fund the very government that is established to protect that property?
The actual conflict at the root of history is the great struggle between freedom and despotism, between the individual and the state, between the voluntary means and coercion.
It seems that the policy of transparency (transparent tampering) that Fed policy makers are striving to implement under the banner of achieving price stability might not be that good for the health of the economy. Also, it is a contradiction in terms to suggest that by means of manipulation of the price indexes and interest rates the Fed could somehow set the basis for the efficient allocation of resources and fulfill the role of an agent for economic growth.
