Other Schools of Thought

Recorded at Mises University 2009.

Over time, a situation can emerge where, as a result of persistent loose monetary and fiscal policies, there are not enough wealth generators left.

The mathematical economists are therefore framing assumptions which are admittedly false or partly false, but which they hope can serve as useful approximations, as they would in physics. The important thing is not to be intimidated by the mathematical trappings.

It comes down to the question of which is more fundamental to the Marxist worldview: its polylogism or its exploitation theory. A major job of the Hoppean project is to toss out the former while retaining a version of the latter in a way that can be used against the state and its interests.

Bernanke has overseen the most expansionist monetary regime in American history.

It is a betrayal of our duty to our patient to use any consideration of some greater social good defined by the government to alter the best course of action for the patient.

Right now, the libertarian forces seem to be in full retreat, and West Germany is advancing to familiar ground — to socialism.

"Since most matter in the universe could be used to encode an idea, intellectual property is a claim over the entire universe."

Raico makes clear that American participation in the war had disastrous consequences for liberty.