The Bankrupt Finnish Welfare State
"The state enacts vague legislation and then makes the taxpayer pay for its interpretation."
"The state enacts vague legislation and then makes the taxpayer pay for its interpretation."
By whatever name you call it, this massive "pump priming" by the US monetary authorities will engender exactly the same results it always has: malinvestment, dollar debasement, and speculative mania.
In her claimed "ten years of study," all Annie Leonard learned how to do was be an environmental alarmist, political hack, and liar. How sad.
"Huebert succinctly and accurately explains that applying libertarian principles to foreign affairs leads to a policy of peace and nonintervention."
These conservatives think they are "defending freedom" by supporting every military adventure that the state concocts. They are not.
Rothbard maintains that one cannot consistently combine libertarian economic policies with international belligerence.
Alleged deficiencies could be removed by a reform of the laws concerning liability for damages inflicted and by rescinding the institutional barriers preventing the full operation of private ownership.
Fahrenheit 451 acknowledges that powerful impulses toward mindless conformity and suppression of deviation exist in the population itself — that, on a deep level, many, many people want to be "protected" by the state from the risk of being offended and from the necessity of thinking for themselves.
In the conviction of the inadequacy of the classical political economy, the Austrian economists and the adherents of the historical school agree. But in regard to the final cause of the inadequacy, there is a fundamental difference of opinion that has led to a lively contention over methods.