Big Government

The Depression is supposed to be Exhibit A of the alleged instability of the free market left to its own devices, while the New Deal represents the indispensable corrective power of the state.

The United States imposes import quotas that substantially raise domestic sugar prices, harming domestic consumers to benefit politically powerful domestic sugar producers.

Why government is inherently wealth-destroying, compared to free-market entrepreneurship, the source of wealth creaton.

Covers the problems of government intervention into pollution and natural resource use issues, emphasizing importance of private property and indiv

The rebels’ overriding grievance was against the tax farmers and tax officials: “It is they who have forced [the peasants] to take up a

"Gentlemen, you are piling up a heritage of conflict and litigation over water rights, for there is not sufficient water to supply the land." – John Wesley Powell

Interviewd by Susan Modaress on PressTV’s “The Autograph,” 14 July 2010. In this episode, Dr.

A more realistic view is that a housing boom and bust happened to strike a fragile financial system whose fragility was worsened by ill-conceived government interventions.

Take cover when you hear a political leader talking about economic affairs. You can bet a bad decision is incoming.

On January 22, 1991, Mikhail Gorbachev, the president of the Soviet Union, decreed that all existing 50- and 100-ruble banknotes were no longer legal tender and that they could be exchanged for new notes for three days only and only in small quantities. This had the effect of instantly deleting large portions of the savings and accumulated capital of private citizens.