Paul Krugman, e.g., in The Return of Depression Economics and the Crisis of 2008 (Norton, 2008) says "there will have to be an assertion of more government control — in effect, it will come closer to a full temporary nationalization of a significant part of the financial system."
To believe that, absent government, folks would not help the poor is to turn one's back on history. In addition, to destroy capital in the name of ending poverty simply impoverishes us all.
1996 Mises Institute Supporters Summit, San Francisco, California; February 9-10, 1996.
1996 Mises Institute Supporters Summit, San Francisco, California; February 9-10, 1996.
1998 Mises Institute Supporters Summit, Palm Springs, California; February 27-28, 1998.
Christmas can survive and thrive even if it is not culturally dominant.
1998 Mises Institute Supporters Summit, Palm Springs, California; February 27-28, 1998.
1998 Mises Institute Supporters Summit, Palm Springs, California; February 27-28, 1998.
Recorded at the Toronto Stock Exchange; September 16-17, 1999.
