Stimulus? Yet Again?
The best remedy would be for the government to stop interfering and let the market process work.
The best remedy would be for the government to stop interfering and let the market process work.
"The idealist … sees the state as a neutral tool. If it can be used for the benefit of the rulers, it can be used for the benefit of the people, as if a slaughterhouse for the benefit of the farmer could be used for the benefit of the animals."
Pictures of the Socialistic Future warns that socialism, promising equality, can deliver only equal poverty and death.
"As a response to the actions of the Bank of England, the Currency School proposed a simple, yet powerful limitation on the bank: a 100-percent reserve requirement on the issue of new bank notes."
We may either incorporate ourselves into market civilization, the system by which we may serve ourselves as ends by serving other people as means, or return to the idyllic and isolated "noble" savagery that long characterized our human past.
Were it not for the state's incessant need to homogenize and its inability to cope with diversity, the languages of the world would not be in the dire situation they are today.
The lines are getting drawn with increasing clarity. Statism vs. liberty. Us or them.
However, it is perhaps not too optimistic to assume that those governments and parties whose policies have led to this crisis will some day disappear from the stage and make way for men whose economic program leads, not to destruction and chaos, but to economic development and progress.
The question of the relation of cost to value is properly only a concrete form of a much more general question — the question of the regular relations between the values of such goods as in causal interdependence contribute to one and the same utility for our well-being.