The Fight for Capitalism Against Impostors
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.
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.
The government closes doors. The market, incredibly and fortuitously, keeps opening them.
Capitalism delivers the goods, and it does so in abundance. Interventionist alternatives do not.
Rothbard and a handful of Misesian economists were virtually alone in maintaining that Hoover's interventionist policies were mainly responsible for what we now know as the "Great Depression."
There was just something too utilitarian and results oriented in Rand's purportedly principled case for IP, and something too artificial about the state's copyright and patent statutory classifications.
Clearly, one of the top priorities of every libertarian should be ending the legal tender laws.
"Roosevelt and his staff were becoming habitual bullies, pitting Americans against one another."
– Amity Shlaes (2007)The possibility of an insolvent central bank, however, bypasses the question of whether the central bank should be abolished and concludes that it will, in certain instances, abolish itself as insolvency renders it helpless.
With such consumers in mind, we can assert with confidence that a health insurance mandate must, by praxeological definition, decrease consumer welfare and thus make the economy less efficient.