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Wealth stems not from spending, but from production. Declines in production are be remedied by frugality, intelligence, activity, and freedom.
Corporate WelfareFree MarketsOther Schools of Thought
Well look what happens if you actually call Krugman’s bluff and click on the link.
Liberal capitalism enables a degree of peace, harmony and respectful tolerance of the choices and ways of honest living for everyone in society to which nothing else compares.
Free MarketsLabor and Wages
So impressive is compensation in the U.S. that even fast food businesses are bidding up wages to compete.
Free MarketsU.S. Economy
Voluntary unionism is legitimate, so long as civil government does not do more than enforce the contracts agreed to by employers and laborers.
Freedom leads to economic development, and both of these conditions multiply individual development and the powers of the individual man.
Free MarketsOther Schools of Thought
One of the main shortcomings of the mathematical economists is that they deal with a "static state" as if it were something really existing.
Free MarketsSocialismPolitical Theory
The capitalist system is a system in which promotion is precisely according to merit. Marx didn't like that.
Market prices will continually be gravitating towards prices where all willing buyers can find willing sellers and all willing sellers can find willing buyers.
Free MarketsFrom the ArchivesProtectionism and Free TradeU.S. Economy
Protectionism may provide some short-term benefits to a small number of special interests, but at much greater costs to the rest of society.