The Losing Battle to Fix Gold at $35
"Gold's market premium to the official price was no small matter as it questioned the very fundamentals of the planned monetary system."
"Gold's market premium to the official price was no small matter as it questioned the very fundamentals of the planned monetary system."
"If buying stuff is the way to promote recovery, then nobody can top the DC politicians."
The present crisis is not a crisis of capitalism but a crisis of state interventionism, and it is also a consequence of a mechanicist approach to economic problems.
Ubel mocks those who speak of a "nanny state"; but the real problem is not that the state officiously looks out for our best interests at the expense of our freedom. It is that the state exploits us.
Throwing money at Flynt and Francis — like bailing out the automakers and the big banks — stifles innovation and new technologies in order to keep outmoded business models in place at the expense of taxpayers.
Finally, let us remember that there is a word that can never be discussed or even mentioned when we talk about the myriad flawed federal, state, and city transportation systems.That word is "privatization."
Presented at Penn State University on 4 February 2009. Sponsored by the PSU College Libertarians and the Department of Economics.
Obama's head is filled with myths and lies, not only about FDR and the New Deal but also about the government's power to repair the existing economic problems. With this model in his head, he can only do evil. This must change.
In a free society, Mr. Grushevski has every right to be entrepreneurial and to start a restaurant that only hires men who want to serve food in tank tops and shorts.
Credit expansion is what creates a delusion of prosperity while it lasts and economic depression when it ends. It is all that needs to be stopped to end the boom-bust cycle.