The Nationalization of Credit?
The essay added later to the collection: a critique of proposals to nationalize banking and credit, weighing bureaucratic against profit management and warning of credit overexpansion and immobilization.
The essay added later to the collection: a critique of proposals to nationalize banking and credit, weighing bureaucratic against profit management and warning of credit overexpansion and immobilization.
What was once a symbol of American freedom and independence, automobiles are rapidly transforming into a high-tech cage that watches their every move and can override their decisions at will.
Ryan McMaken dismantles three persistent myths of American healthcare before tracing the origins of social insurance to Bismarck's deliberate scheme to bind citizens to the state "by the chains of gratitude" and closing with Mises' 1944 prediction that a population half-dependent on government healthcare would never vote to dismantle it.
As AI becomes a more important and visible part of our lives, the movement to regulate it also grows. The standard regulation narratives—that government regulates things in the name of the public interest—clearly do not fit the facts.
The free market facilitates mutually-beneficial exchanges that create wealth where it would not otherwise exist, but the market miracle can only exist under certain conditions.
As AI becomes a more important and visible part of our lives, the movement to regulate it also grows. The standard regulation narratives—that government regulates things in the name of the public interest—clearly do not fit the facts.
Seattle Mayor Katie Wilson recently dismissed concerns about wealthy residents leaving Washington over higher taxes with a simple “bye.”
Happy 250th Birthday Americans and to everyone around the world that shares the original American values of individual rights against government!
Comparing Sanders to fascism may seem unusual, but it should not be forgotten that the main leaders of Italian fascism, including Mussolini, were initially socialists before they became fascists.