The Government Default

Tags: Big Government, Taxes and Spending, U.S. Economy

10/17/2013 Llewellyn H. Rockwell Jr.

In his recent appearance on RT, Lew Rockwell discusses the upside of government default. Rockwell is founder and chairman of the Mises Institute.

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.