Freddie Mac: A Mercantilist Enterprise
In its current form Freddie Mac is a mercantilist company, and as such, it is not a good example of free enterprise, write Paul Cleveland and Michael Tucker.
In its current form Freddie Mac is a mercantilist company, and as such, it is not a good example of free enterprise, write Paul Cleveland and Michael Tucker.
With the Kyoto Treaty, writes Joseph Potts, government and science have found each other, and the spawn of this marriage look set to destroy global wealth on a scale that will render the greatest of history’s wars trivial by comparison.
Recorded at the Austrian Economics and Financial Markets conference at The Venetian Hotel Resort Casino, Las Vegas, 02-19-2005 For more informatio
Recorded at the Austrian Economics and Financial Markets conference at The Venetian Hotel Resort Casino, Las Vegas, 02-19-2005
Many economists mistakenly believe taxation can be good for economic growth, that war can buck up prosperity, and that even natural disasters can spur wealth creation by causing people to spend. All of this is fallacy because it fails to consider the costs of destruction, the alternative use of resources, and the unseen effects of diverted uses of property.
In the ten years between 1994 and 2004, a dramatic turn took place within the Republican Party. The themes of the 1994 election weren’t just about cutting government, though that was the central campaign promise of that generation of elected officials sent to Washington. The core was more revolutionary than that: it was a dogged commitment to full freedom philosophy forged in opposition to all the works of the central state.
State medical boards, writes Henry E. Jones, masquerade as consumer protection agencies to get public support, police powers, and taxpayer dollars.
Recorded at the Austrian Economics and Financial Markets conference at The Venetian Hotel Resort Casino, Las Vegas, 02-18-2005
The consequences of government control over such stock-market investments would be extremely grave, writes George Reisman. But there is another way.