Obamacare and Interventionism
Recently, Peter G. Klein appeared on the “The Wilkow Majority” radio program.
Recently, Peter G. Klein appeared on the “The Wilkow Majority” radio program.
Peter G. Klein responds to a recent NPR story by Uri Berliner entitled “Coffee Futures: The Highs And Lows Of A Cup Of Joe”. Dr.
Tom Woods discusses the power of Austrian Economics. Woods is a senior fellow at the Mises Institute.
Mark Thornton explains why Obamacare is simply one more step along the road to health care serfdom.
In this excerpt from his recent “Liberty on the Rocks” interview with Justin Longo, Peter Klein explains the importance of entrepreneur
Tom Woods offers a simple 8-minute explanation of Austrian Business Cycle Theory.
Summary by Luis Rivera III:
When all you can do is exchange one good for another, life will be inconvenient when nobody has what you really want. Enter money. You exchange your good for money. That money can now be exchanged for what you desired. These indirect exchanges satisfy everyone. That's the power of money.
How is socialism related to money? Money should be produced just like other goods through free markets. Central banks should not be controlling money, banking and credit.