Ferdinando Galiani, an Italian Precursor to the Austrians
According to Galiani, interest equalizes present and future money. It is a means to compensate for the palpitations of the heart that a creditor must endure until the money is returned.
According to Galiani, interest equalizes present and future money. It is a means to compensate for the palpitations of the heart that a creditor must endure until the money is returned.
The people of the USSR rightly considered Gorbachev to be just another Communist Party hack. His "reforms" were only expedient measures designed to preserve communism.
"Paine not only laid bare the roots of monarchy, but provided a brilliant insight into the nature and origins of the State itself."
Garrett wanted his government to mind its own business. This is because he wanted Americans to be able to mind their own business without being taxed, conscripted, or killed in other people's causes.
Lilburne's courageous campaigns for liberty resulted in his spending much of his life in prisons.
A brief biography of Rothbard and his important works, and a survey of some of his contributions to economics.
Most people think the Industrial Revolution catapulted humanity into modern comfort, but this narrative leaves out the agricultural revolution that had to come first.
Roosevelt needed the war and wanted the war, and the war came.
Washington set out to transform a people's army, uniquely suited for a libertarian revolution, into another orthodox and despotically ruled statist force after the familiar European model.
In Human Action, Mises had shown that economic analysis leads directly to laissez faire conclusions. He demonstrated that government intervention entails consequences that are unwanted even from the point of view of the champions of these interventions.