Other Schools of Thought

Further, the idea that the quantity of money is important to trade is incorrect. The market does not desire a certain quantity of money.

The inability of modern philosophers to furnish any kind of argument for the maintenance of a government is a notorious weakness.

In 1959, Soviet Premier Nikita Khrushchev and Vice President Richard Nixon walked through a replica of a six-room American ranch house that was on

PIMCO bond manager Paul McCulley’s recent commentary,

The original version of this paper was delivered at the Fourth Libertarian Scholars Conference, October 1976, New York City.

Similarly, we can confidently predict the future of US-run socialist planning in Iraq. There will be billions more spent, and hundreds of projects in operation. The majority will not amount to anything.

Under decentralized government, close elections might still make for enjoyable standoffs, but the stakes would not be nearly so high.

The politics of the environmentalists are increasingly predictable and obvious. They oppose all forms of capitalistic innovation. Indeed, they represent a special kind of danger to the human race that socialism never did.

Mutualism claims to oppose the exploitation of labor, i.e., the theft of any part of its product.