What makes the current economy so awful is not that there is unemployment, or that there are unsold houses. Rather, things are bleak because it is so unusually difficult for workers to find buyers of their labor services, and for home owners to find buyers of their houses.
Government planners developed a particular aesthetic obsession: they were frustrated by the untidy complexity of real human societies.
Why does the electorate vote for the sons of rich men, and why do these sons seek public office?
Is it possible to both oppose Gaddafi and oppose a war on Gaddafi? Absolutely. This is a position that all Americans should adopt. In the same way, it is possible to oppose the Obama administration but also oppose having a foreign army oust him in order to liberate us.
[Testimony before the US House Committee on Financial Services, March 17, 2011.]
History is littered with monetary managers who believed they were in total control — until the disaster hit.
We are small, bottom-up, voluntary, and flexible, while the statists' organizations, starting with the government itself, but also other organizations such as the UN and the IMF, are big, coercive and centralized. Governments are inefficient, slow, corrupt. This is why we will win this.
This book helped me see the world more clearly and understand so much that had previously remained cloudy.
Gold is the universal language and has been for eons.
