Interventionism

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Frank Shostak

Inflation, as this term was always used everywhere and especially in this country, means increasing the quantity of money and bank notes in circulation and the quantity of bank deposits subject to check. But people today use the term "inflation" to refer to the phenomenon that is an inevitable consequence of inflation, that is the tendency of all prices and wage rates to rise.

Jeffrey A. Tucker

The Nation has posted an interesting article on how corporate conglomerates are ganging

Oskari Juurikkala

The benefits of a system of old-age security without the state would be more than economic. It would also foster the acquisition of personal virtues and responsibility, which would then be reflected in other spheres of private and social life. A non-governmental system would even treat the least fortunate members of the society with more humanity and dignity, and there would be fewer such people overall.

Jeffrey A. Tucker

That’s the effect of minimum wage laws, says John Egge

George Reisman

It is customary for old-fashioned religion to threaten those whose way of life is not to its satisfaction, with the prospect of hell in the afterli

Jeffrey A. Tucker

According to the NYT: &#8220

Douglas E. French

If history is any judge, financial meltdowns like what's happening in the subprime arena prompt the Federal Reserve to act in the only way it knows how. The Fed's playbook was written with its inception in 1913 and anointed by easy money cranks like Alan Greenspan and his successor in crime Ben Bernanke along the way.