Pre-Fascist Italy: Tax and Borrow and Spend
The balanced budget passed away definitely in 1911, not to return again until a revolution had swept from the people of Italy their freedom.
The balanced budget passed away definitely in 1911, not to return again until a revolution had swept from the people of Italy their freedom.
Political upheaval has hit Finland, and it's merely a foreshadowing of bigger changes ahead.
A defector from the Soviet Union, Yuri Maltsev knows that socialism is not better than communism.Intellectuals love socialism because they imagine themselves holding power. Communism, a utopia created by Marx, was intended to be classless with no money.
According to Mises, socialism would be bound to fail not because of morality but because of insuperable intellectual difficulties, writes Eugen-Mar
Fascism's roots are not indigenous to Italy but are to be found in all Western societies; the New Deal is but one example.