Other Schools of Thought

We suggest that loose fiscal and monetary policies have severely undermined the ability of the private sector to generate real wealth.

An ever-growing diversion of real wealth toward government nonproductive programs runs the risk of further weakening the ability of the United States to generate real wealth.

Among the absolutist writers following Bodin, the 17th-century servitors of the absolute state, all hesitance or piety to the medieval legacy of strictly limited taxation was destined to disappear. State power, unlimited, was to be glorified.

The lesson of Mises and Hayek is clear: there is no substitute for the private ownership. Without it, economic calculation in a modern economy cannot take place.

The failures of the state are becoming obvious and folks are taking notice. It is our responsibility to vigorously thrust ourselves into the intellectual battle and relentlessly advocate for free markets and liberty.

"Zamyatin's book was the first to be banned by the newly created censorship board."

The first step on this road to lesser government and greater freedom is to see the VAT for the swindle that it is, and to send it down to defeat.

He could not see also that these producers did not create such needs, but instead were fulfilling them and thereby removing the want and pain of their customers and adding to their happiness and standard of living. If he had gone that far, he would have realized the nonsense of his dog-eat-dog, or what would now be called his "zero-sum-game" view of the marketplace.

By 2004 and 2005, he gave speeches exhorting Americans to buy adjustable-rate, interest-only and negative-amortizing mortgages.

China in the formative centuries developed protoanarchistic ideas. The total, unsystematic application of those ideas created a system as rigid, as formalistic and tyrannical, as any we have today.