The Living Reality of Military-Economic Fascism
No organization has more money at its disposal than the US government, which attracts thieves and con men at least in full proportion to its control of wealth.
No organization has more money at its disposal than the US government, which attracts thieves and con men at least in full proportion to its control of wealth.
Fetter is mostly neglected today, but he had a powerful influence on practically every Austrian economist in the first half of the 20th century.
Critics of Roosevelt's New Deal often likened it to fascism. This was recognized to be true during the 1930s, by the New Deal's supporters as well as its opponents.
It's not really true that governments can always just print money to pay off their debts.
What characterizes capitalism is not the bad taste of the crowds, but the fact that these crowds, made prosperous by capitalism, became "consumers" of literature — of course, of trashy literature.
Mises showed that the distinctions between Marxist and "Anti-Marxist" socialists are on the surface. Economically, they are united.
Interventionist policies have brought about all the effects economists predicted.
Paul Krugman is right to praise Denmark, but he likes the one thing that they’re doing wrong and overlooks all the things they get right.
"Your doctor and nurse, no matter how nice today, will become the bureaucracy."
Inequality of wealth and incomes is an essential feature of the market economy.