Two documentaries have recently been released about the current economic crisis. The first is Michael Moore’s film, Capitalism A Love Story and the second is Michael Covel’s Broke: The New American Dream.

Taibbi characterizes the corruption at Goldman Sachs as an inevitable result of “free markets and free elections,” then argues that it was made possible by “the aid of a crippled and corrupt state.” So, which is it?

Joe Blattner didn’t complain about what others were doing or receiving; he simply asked for his inherited privilege of farming his own land in his own way, with the right to sell the product of his own hands in a free market.

Territorial aggrandizement enhances the glory and personal importance of the man who is the head of a dynastic state. The fallacy is confusing this with the greatness and strength of the state itself.

Why does government continue to interfere in the housing market when the results of that intervention are so devastating? The answer is simple: local interest groups organize and pressure City Hall for action.

It is not often that Paul Samuelson and Paul Krugman are indicted for lack of fidelity to Keynes, but this is exactly Paul Davidson’s complaint against them. He says they have been untrue to Keynes’s radical vision.

Jan Narveson is one of the best contemporary moral and political philosophers, and it is not surprising that his introduction to political philosophy raises a vital issue that most people miss.

Once (hyper)inflation is publicly seen as being the lesser evil of all options available for the government meeting its debt service, it cannot be dismissed out of hand that (hyper)inflation would be the consequence.