Other Schools of Thought

I am confident that the above would make a heck of a lot more sense than letting blind heroin addicts borrow an extra trillion dollars to "stimulate" the economy.

The Marxians, Keynesians, Veblenians, and other "progressives" know very well that their doctrines cannot stand any critical analysis.

It is interesting to see the psychology at play here: give the banks more money or else the massive stimulus will fail due to "instability."

"These false prophets of capitalism are the greatest friends that proponents of socialism have."

I am suggesting here that a far-reaching cost of the war was the degradation of the autonomy of individuals and families in relation to their property.

"The government doesn't create any real wealth, so how can an increase in government outlays revive the economy?"

The economic power of private business organizations, even the so-called "private tyrannies," is justified by the fact that the use of economic power involves no initiation of force against any other person or their property.

The costs of the persecution of bingo operators are not limited to the financial burden on taxpayers but also include loss of individual liberty and the unintended consequences, which are difficult to quantify. Citizens, no matter how rich or poor, have the right to make bad decisions.

In order to bring our economy back on track, government needs to get out of the way of entrepreneurs and capitalists. We need to leave holes undug and paper unprinted.

In conclusion, Paul Krugman reverses cause and effect in his analysis, and he also fails to note the difference between private and government expenditures.