Mises Daily

"The bailouts, in fact, were an example of government intervention to prevent the free market from holding CEOs accountable."

We may not even be fortunate enough to have any market readjustment at some time in the future. Instead, spurred on by people who have lost all sense of economic reality, the government may take complete control of the economy. Then, true enough, there will be no depression and unemployment in the accepted sense; but the alternative is not pleasant to contemplate.

Gray embraces an extreme version of environmentalism, under the guidance of James Lovelock. According to this bizarre view, human beings are in danger of upsetting the Earth, which is viewed not as a mere planet but as a living organism. At times, Gray despairs of human beings altogether and appears a veritable misanthrope.

Don't be among those who believe that the government has discovered the secret of prosperity in the offices of the Bureau of Engraving and Printing.

Got a problem? Just give the government even more power, and our friendly, competent rulers will take care of everything. I shudder to think that columnists may actually get paid for spouting such childish twaddle.

What an irony it is that the capitalist entrepreneurs so despised by the Arts and Crafts Movement turned out to be its saviors.

To escape from Darwinian struggle, man must take advantage of social cooperation through the division of labor. Here, in Mises's view, lies the veritable key to civilization.

But the "right people" aren't (and won't be) running for office. Instead, we will continue to have "the average American legislator [who] is not only an ass," as Mencken wrote, "but also an oblique, sinister, depraved and knavish fellow."

The battle between Rand and Branden, moreover, is really no contest. Rand created something, whereas Branden has lived his entire life parasitically off Rand, first as a worshipful disciple and cult organizer, then as a neo-Randian shrink who set up shop in California with the solid initial base of the RandCult's Nathaniel Branden Institute mailing list.

Mass unemployment proves in fact wholly to be the result of government preventing private enterprise from working freely and providing itself with a money that would secure stability.