Interventionism

What a wacky world we live in.

In the last edition of The Freeman, David Levin and Michele Boldrin

There is a definite connection between fiat currencies and trade deficits.

Or so argues Michael Crichton, in Patenting Life, a NY

The Vampire Economy, by Guenter Reimann (1939) is a rare and wonderful thing: a detailed account of how the Nazis crushed the private sector and ha

Representative democracy in action in RobespiBlaire’s Gulag UK.

Reichsführer Perry is mad with power.

Actually, the headline reads: “Wal-Mart, Unions Unite

Otherwise, I will add, our hope is that, when public policies violate our rights to be secure in our persons and our property, public opinion will change upon the demonstration of the disastrous consequences of those policies, in terms, yes, of poor economic performance, but also in terms of political conflict and social upheaval.

The "art of central banking" is the art of pretending to know what one does not know. Not only is it not a science; it is not even an art. At best it is alchemy; at worst it is a gigantic cheat.