Mises Search

Volume 3, Number 3 (1979) 1. Introduction In 1852 not one city in the United States paid its firemen; they were all volunteers. By 1880 most of the cities with more than 10,000 people—and many with fewer—had municipally paid fire departments, as did most cities in Europe. But until 1866 the fire department serving the city of London was neither

John H. Makin, American Enterprise Institute, writing in t he WSJ , on avoiding nationalization by destroying the dollar: In my view, the least bad option is for the Federal Reserve to print money to help stabilize housing prices and financial markets. Yes, use reflation to soften the pain for Main Street and Wall Street. If instead we let housing