It is neither the job of government nor the business of any individual to prohibit, regulate, restrict, or otherwise control what a man desires to eat, drink, smoke, inject, absorb, snort, sniff, inhale, swallow, or otherwise ingest into his body.
Modern monetary theory takes up the thread of the traditional quantity theory as far as it starts from the cognition that changes in the purchasing power of money must be dealt with according to the principles applied to all other market phenomena and that there exists a connection between the changes in the demand for and supply of money on the one hand and those of purchasing power on the other.
"Inflation worked as a tax on those further removed from government spending."
Mr. Chodorov sees history as an eternal struggle between social-power and political-power philosophies.
"Free men operating in a free market do find solutions to even the largest crises."
Once the overseers of the Department of Agriculture got control of the farmers and the lands of America, there was no way of returning to the regime of private ownership; there was no inclination to, for the farmers were quite content to swap the hazards of their trade for the subsistence doled out to them by the bureaucrats.
"The idea that we must choose between public healthcare and politicized-private healthcare is false. We can also move to depoliticize the healthcare industry."
Arriving at those goals is not exactly doable unless government robs Peter to pay Paul and/or starts up the printing press.
It is the way of individual liberty, of the free market, of private property, of government limited to securing these rights equally for all.
"Calls for abolition of the patent system — especially those coming from a principled, rights-based approach — are very unlikely to be adopted at the present time."
