Other Schools of Thought

The liberal traditions on which this nation was founded are now so little understood that each person will have to largely do his own research, laboriously and carefully.

Krugman explained that the horrible trade wars of the early 1930s were the fault of — you guessed it — the gold standard.

When will we have a Supreme Court that forbids the federal government from using the power of taxation to destroy our entire country?

These changes do not affect at the same time and to the same extent the prices of the various commodities and services. They consequently affect the wealth of the various members of society in different ways.

The word from Washington is that things are looking up. The citizens in Segovia used to hear the same thing from Rome.

It makes no sense to say that the major dislocations of the world's economies in the 1930s could have been solved simply by printing up pieces of paper.

"Where the state is god and the 'public interest' worshipped, individual man will be found bleeding upon the altar."

it needs to be noted that the hypothesis of the superneutrality of money is expressive of the empiricist-positivist approach of modelling economics according to the natural sciences.

"For more deadly epidemics the importance of competition cannot be overstated."

The predator state cannot be tamed. Only when the public withdraws its consent will the predations come to an end.