Among the absolutist writers following Bodin, the 17th-century servitors of the absolute state, all hesitance or piety to the medieval legacy of strictly limited taxation was destined to disappear. State power, unlimited, was to be glorified.
"Governmental taxation provides one mean by which fiat money could come into existence."
The lesson of Mises and Hayek is clear: there is no substitute for the private ownership. Without it, economic calculation in a modern economy cannot take place.
We, this satirical and heretical dystopian futurist book, ends by resolving whether or not the protagonist can find penultimate happiness in the co
It is a favorite conceit of modern, 20th-century liberals that skepticism, the attitude that nothing can really be known as the truth, is the best
"Class interest led him almost always to the side of the smaller political unit against encroachment by the larger, because the greater the power of local self-government, as a rule, the better for the producer and the worse for the exploiter."
At this point it no doubt seems like economists are the wet blankets of the world, but one of the most important implications of careful economic reasoning is that often, your schemes and programs will not just be ineffective, they will be positively destructive.
The overall view of Botero is that the morality and justification for actions of the prince are diametrically opposed to the principles that must g
No one would suggest that Marx was consciously dishonest, but a very great deal of intellectual disingenuousness has gone to the explaining (and the explaining away) of Marx. Accordingly, all things considered, I do not like the company of Marx.
Social order is like barbecue. Both are defined in the process of their emergence.
