It is a feast for the eyes and ears, a look at how dramatically and sweepingly different our times are in so many ways, and yet how the themes of corruption, deception, and lies are persistent wherever public and private violence against person and property rears its ugly head.
Rothbard's discussion of utility constitutes only one strand in his powerfully argued case that Smith derailed economics from the analytical achievements of the scholastics and their French and Italian successors.
"The new democracy having inherited the power so long used against it, now shows every disposition to use that power as ruthlessly as any other governing organ ever has used it."
The book contains an abundance of other arguments against our current monetary system.
There was a German language edition of his profoundly influential General Theory late in 1936, for which Keynes wrote a special foreword addressed solely to German readers.
In conclusion, Thom Hartmann's economic views are based on misinformation.
Reisman shows himself ever alert to defend capitalism against objection, and I found especially impressive his demolition of Marx's argument that profit derives from exploiting labor.
"An authoritarian state can never be peaceful because it can never be healthy; even if such a nation is unable to carry on a war against other nations, it is still at war with its own citizens."
Although evils exist in both the shared and private forms of a city, it is only in the private form that the virtues of temperance, love, and generosity can be exercised.
The Fed's present monetary policy appears to be ineffective. Despite massive pumping by the US central bank, commercial bank lending displays sharp declines.
