How Government Destroys Private Wealth

Through regulations, taxation, inflation of the money supply, trade restrictions, and tethers on private associations, government is nothing but a massive drain on prosperity. The situation has become deeply dangerous for the future of freedom in this country. We are living under so many regulations it is nearly as egregious as a Soviet-style central plan. 24 January 2011, Houston, TX.

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The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

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