People cavil much about Ricardo’s law of association, better known under the name law of comparative cost. The reason is obvious. This law is an offense to all those eager to justify protection and national economic isolation from any point of view other than the selfish interests of some producers or the issues of war-preparedness.
—Ludwig von Mises, Human Action
Capitalism—Its Nature and Its Replacement: Buddhist and Marxist Insights
by Graham Priest
Routledge, 2021; 312 pp.
New from the Journal of Libertarian Studies:
When it comes to matters of money and banking, all practical political issues ultimately hinge on one central question: can one improve or deteriorate the state of an economy by increasing or decreasing the quantity of money?1
The weaponization of money is the issue of our time. The politicization of the dollar doesn’t only make us poorer; it empowers the evilest actors in society and undermines the most important foundations of civilization.
As Dr. Ron Paul has noted, “It is no coincidence that the century of total war coincided with the century of central banking.”
