These programs have caused a massive diversion of savings into government consumption, not only by diverting taxes into current government spending, but also by undermining one of the most important motivations for private saving and investment.
In the U.S., an almost unsurmountable gulf separates "society" from the intellectuals.
NotHaus made it easy for the government to prosecute him, but the message is still clear: no competition with the dollar.
It was nearly 40 years ago that Murray Rothbard changed my life. I was then a PhD candidate in economics at the New School for Social Research in downtown Manhattan, while also teaching principles courses at a local university. And I was rapidly losing interest in the whole subject.
My mom's secret was that no matter what task she tackled, she worked very fast.
They think they are doing battle with capitalism and corporate greed; I say it is a pure and beautiful example of a market exchange.
The astonishing popularity of Rebecca Black's "Friday" video — which became the YouTube meme of all memes in the course of a wild six weeks — has mystified many critics.
