18. The General Theory Restated
From The Failure of the “New Economics”. Narrated by Josiah Schmidt.
From The Failure of the “New Economics”. Narrated by Josiah Schmidt.
From The Failure of the “New Economics”. Narrated by Josiah Schmidt.
From The Failure of the “New Economics”. Narrated by Josiah Schmidt.
We must hope that those in the Western world who seem to be ready to sacrifice intellectual freedom because it does not mean the same economic opportunity for all will yet realize what is at stake.
The weakness of a benevolent despotism is that there is no guarantee that it will remain benevolent. The Social Welfare State, the modern liberals' goal, is essentially a Germanic concept.
The "protective" service rendered by the State is paid for not only with taxes but also with subservience. Society is much poorer for it.
From An Austrian Perspective on the History of Economic Thought, Volume I. Pages 31-47 in the text. Narrated by Jeff Riggenbach.
From An Austrian Perspective on the History of Economic Thought, Volume I. Pages 164-175 in the text. Narrated by Jeff Riggenbach.
From An Austrian Perspective on the History of Economic Thought, Volume I. Pages 81-95 in the text. Narrated by Jeff Riggenbach.
From An Austrian Perspective on the History of Economic Thought, Volume I. Pages 3-10 in the text. Narrated by Jeff Riggenbach.