Come Back to Gold
Every nation, whether rich or poor, powerful or feeble, can at any hour once again adopt the gold standard.
Every nation, whether rich or poor, powerful or feeble, can at any hour once again adopt the gold standard.
Taxes are not just wrong, they are destructive. It is highly questionable that private parties could not create goods and services that consumers want at higher quality and lower costs.
The myth of the fair tax is the myth of the just tax. Taxation is a coerced, not voluntary, exchange. It is false to say bureaucrats pay taxes. They consume taxes. They plunder. They are the tax eaters. The rest of us are tax payers.
Part of the Authors Forum, presented at the Austrian Economics Research Conference.
Part of the Authors Forum, presented at the Austrian Economics Research Conference.
The scheme presented an implicit challenge to the much vaunted "independence" of the Fed.
No good has ever come from granting monopoly power to the state to use aggression against the people to arbitrarily mold human behavior.