Other Schools of Thought

So Keynes enables Posner to throw off the shackles of rational choice almost completely.

Why is it taken for granted that we need a state at all?

"No one was allowed to leave town, and anyone caught attempting or plotting to leave, helping anyone else to leave, or criticizing the king, was instantly beheaded."

Buying gold and silver coins and holding them is not only a way of protecting oneself against inflation, but it is also, in a sense, a way of boycotting the federal reserve. That in itself would be reason enough to own them.

Pages 685-693. Narrated by Jeff Riggenbach.

Pages 694-711. Narrated by Jeff Riggenbach.

Mr. Chodorov sees history as an eternal struggle between social-power and political-power philosophies.

Once the overseers of the Department of Agriculture got control of the farmers and the lands of America, there was no way of returning to the regime of private ownership; there was no inclination to, for the farmers were quite content to swap the hazards of their trade for the subsistence doled out to them by the bureaucrats.

It is not often that Paul Samuelson and Paul Krugman are indicted for lack of fidelity to Keynes, but this is exactly Paul Davidson's complaint against them.

Arriving at those goals is not exactly doable unless government robs Peter to pay Paul and/or starts up the printing press.