Military Spending and Bastiat’s “Unseen”
Every dollar spent on the military is a dollar not spent or invested in the civilian economy.
Every dollar spent on the military is a dollar not spent or invested in the civilian economy.
Where there has been neither force nor fraud, the accumulation of wealth (profit) is the reward for the responsible use of resources in social production.
The Marxian doctrine of the alleged arbitrary power of employers over wages appears plausible because there are two obvious facts that it relies on.
Governments cannot rebel against the preponderance of generally accepted ideologies, however fallacious.
Every serious skeptical scientist has been consistently saying essentially the same thing for over 20 years, yet most people have never heard the message.
The question of who will be paying the bill decides the future of the euro. There are several possibilities.
In the Virginia colony, each person contributed the fruit of his labor according to his ability, and each received produce according to his need.
Any attempt at restoring monetary freedom must be part of a comprehensive plan to roll back government.
The law of returns; convertibility and valuation; labor versus leisure.