In Praise of Lard
Are we going to let government's wartime central planners control our lives 70 years after the fact?
Are we going to let government's wartime central planners control our lives 70 years after the fact?
"The typical ploy of preserving 'standards of quality' meant that competition was hobbled, production and imports limited, and prices kept high."
"People must fight for something that they want to achieve, not simply reject an evil, however bad it may be."
Haiti will remain mired in poverty so long as the majority retains their current hostility to open competition and commerce.
Mises is one of the greatest men who ever lived for his insights into what he called "human action."
He offers a Kantian justification for political economy in the style of Buchanan; and he maintains that this view of things is at the root of the American Republic. Readers of a libertarian bent will not be fully satisfied; but Roth's carefully argued book deserves, and rewards, close study.
As interviewed by Dan Cofall on the Wall Street Shuffle radio program; CNN Radio; Dallas, Texas, 10 May 2010.
"Mises's desideratum was thus not a 'neutral' money, or even a practical approximation of it; rather, it was the complete elimination of 'human influence' on the purchasing power of money."
"The book takes the position that the most interesting problems of economic organization relate to the intersection of the entrepreneurial and capitalist functions."
"Production has been altered in such a way that the length of waiting time has been extended. But the demand for consumers' goods has not dropped so as to make the available supply last for a longer period.