Value and Exchange

This excerpt from an article on Americans abandoning U.S.

I’m sick of our economic whiners and their tear-stained statistics.

A wholly voluntary economy results in the greatest general welfare to all the persons of that society.

And they had all decided, left, right, and center, that there was not a thing economically wrong with socialism: that socialism's only problems, such as they might be, were political. Economically, socialism could work just as well as capitalism.

From the 2006 Supporters Summit: Imperialism: Enemy of Freedom, 27-28 October 2006, Auburn, Alabama.

N.J.

Recorded at Mises University 2006.

Those who wish to use government power to redistribute income in directions they choose (almost everyone, today) must abuse others’ rights, b

In recent years there have been growing complaints over slow growth in wages compared to profits.

One truism has never been successfully challenged: Government interventions lead to a less efficient, less well-ordered society.