Dana Milbank doesn’t like Paul Ryan’s budget proposal that was released this week. Why? Well, Ryan cuts spending on the poor in order to pay for tax cuts for the rich.
Want to Hear the Sound of a Fallacy Being Exploded?
Then tune in to the Peter Schiff Show this morning, with me as guest host. I’ll be joined by Mises Institute Senior Fellow Jeffrey Herbener. We’ll be unpacking this piece of wisdom:
Austrian Insights on ‘Full’ Employment
A commentator on my recent daily article, “Not Enough Inflation,” asked,
“John (and I really hope you answer this question),
Why is no one dismissing the “concept” of full-employment as utter nonsense? Doesn’t that give Krugman and his ilk a route to deceive people while sounding economically profound? I see the use of full employment as a goal to justify Keynesian prescriptions all over the place and yet no Austrian seems to be dismissing it from the discussion space.
Why?”
My response:
New York Fed: Leave the Building!
The noose is tightening on the Federal Reserve System.
Paying Off One Handout With Another
A year ago the Treasury Department bragged about an analysis that claimed the government’s massive bank bailout in response to the 2008 financial crisis (TARP) would actually end up turning a $24 million profit.
Think Tanks and Liberty
A policy-making think tank that works in a dozen or more fields is a lost cause from day one.
Why Speculators?
When government restricts the honorable activities of speculators, it removes checks and balances that the free market places on supply and demand.
Audio of the Mises Lecture That Inspired Ron Paul
In End the Fed, Ron Paul writes:
Republics in History
It is of the first importance for the American to grasp the full seriousness of this fact — that the great boon of human freedom has, in the long record of thousands of years, been enjoyed by a mere fraction of the people and for only a brief moment in history.
The Economics and Politics of My Job
The buyers do not pay for the toil and trouble the worker took nor for the length of time he spent in working. They pay for the products.
