Interventionism

As Americans it behooves us to reassess the Wilsonian democratic legacy. More than an ephemeral aspect of our national past, it may be the fate that we have never escaped.

Before wealth can be redistributed by the state, it must first be produced. But welfare-state policies end up destroying the very wealth which is necessary for redistribution.

Before wealth can be redistributed by the state, it must first be produced. But welfare-state policies end up destroying the very wealth which is necessary for redistribution.

The real problem was the money supply inflation that happened during the boom phase. Combating deflation in the bust phase only superficially treats a symptom of the boom-bust cycle.

The Green New Deal contains a wish list of progressive social and economic goals that come with a staggering price tag. 

Equalization of incomes can be accomplished only by moving down the road toward serfdom.

States love wars because they enable the state, under the slogans of "defense" and "emergency," to impose a tyranny upon the public that might have been openly resisted in time of peace.

There is a persistent myth that capitalism has destroyed what would have been a natural abundance and peace of mind. Yet nature does not generate abundance or peace. The characteristic mark of the "state of nature" is irreconcilable conflict.