Other Schools of Thought

It is capitalism that has created in reality all that the socialists of old imagined their revolution would achieve.

Only by having a market can there be a sane profit-loss policy. If we love nature and want to preserve it, true property rights are needed.

Society is too complicated, too far reaching, too much a reflection of the free volition of individual actors, for government to be able to accomplish its ends.

With the egalitarian ideology at its core, the EU is heading in a direction that is opposite its original destination. The aim of the EU officials is to create a collective block and to build a high fortress around it. That block will hamper the growth of Europe.

How is it justifiable to take a person's property in order to fund the very government that is established to protect that property?

This "greatest benefit" to the least advantaged is doubly meaningless, since the only society that would qualify as just is one in which the identity of the least advantaged is irrelevant.

The 'ability-to-pay' principle resembles more the highwayman's principle of taking where the taking is good.

What was the pre-Misesian movement like?

Here we are 138 years later with many people still believing in the economic virtues of subsidies from farm programs to energy development.

For most people, economics has ever been the “dismal science,” to be passed over quickly for more amusing sport. And yet, a glance at the world today will show that we pass over economics at our peril.