Higgs, Hoppe, and the Cycle of the State
The vastly greater productivity of a relatively-free populace makes for greater per capita tax revenue.
The vastly greater productivity of a relatively-free populace makes for greater per capita tax revenue.
To prevent future economic pain, what is required is the closure of all the Fed’s means of creating money out of “thin air.”
Even mainstream empirical data shows that the Phillips Curve is wrong and that inflation does not cure unemployment.
Merely increasing demand does not increase production or produce wealth.
Any government intervention in the economy, such as, loan programs, regulations, and subsidies, creates malinvestments.
Government intervention in health care has driven up health care prices. Mainstream journalists choose to focus on profits and “greed” as the problem.
Inflation puts a brake on social mobility: the rich stay rich (longer) and the poor stay poor (longer) than they would in a free society.
The first-ever libertarians were the Levellers, an English political movement active in the seventeenth century.
Swiss voters recently rejected a proposal to introduce the world’s highest minimum wage.
The skyscraper curse continues to haunt us. Thanks to cheap money and malinvestment, new record-setting skyscrapers are being planned and built as the global fiat-money-induced boom continues toward its inevitable correction.