Should the Government Bail Out Newspapers?
All of these things deny the true desires of people — as revealed in market prices — and substitute the opinions of the elite and politically-powerful for the true desires of people.
All of these things deny the true desires of people — as revealed in market prices — and substitute the opinions of the elite and politically-powerful for the true desires of people.
Not state capitalism, not crony capitalism, not mixed-market capitalism, not fascism and interventionism under the guise of capitalism, but unfettered, laissez-faire, free-market capitalism.
What is still missing is one critical thing: a culture-wide love of liberty that is capable of intimidating and beating back the rogue regime.
"When the government runs up a deficit to fund 'stimulus' projects, all that really means is that it is forcing taxpayers to pay for projects that they wouldn't buy with their own money."
Old Right journalist Garet Garrett described the New Deal as a revolution against America's tradition of private property, limited government, and the rule of law.
We find ourselves enormously worse off, our economic prospects diminished greatly, and our liberties throttled more tightly by an even bigger Leviathan, with nothing to show for it on the upside but the further enrichment of a handful of big bankers and other malefactors of great wealth and power.
Why do the proponents of global warming try to stamp out dissent? As Horner makes clear, billions of dollars are at stake.
It is imperative that we remain realistic in our assessment of human nature and not forget that the basic principles which produced our prosperity still govern human action."
What can be more Austrian than an investment strategy that is based entirely in the notion that the future is uncertain and accurately forecasting it is impossible?