In Are the Rich Necessary? Hunter Lewis showed himself to be a master of dialectics; and he here applies the same method to monetary theory.
When you do a lot of driving, $4 gas eats up a pretty big chunk of your disposable income and requires a few adjustments to the way you live. So how does the market coordinate these changes?
There are harsh penalties for not fulfilling a 10–15 year contract to do nothing! Talk about the American dream turning into a nightmare.
"It is absurd to believe that an agency that may tax without consent can be a property protector. Likewise, it is absurd to believe that an agency with legislative powers can preserve law and order."
It was the basis of the belief of our ancestors that they could throw off tyrannical rule and still not have society descend into poverty and chaos.
Capitalism is an economic system that allows people to make choices free from government intervention. Capitalism is just. Socialism is unjust. There is no "messy middle."
To the extent that human costs are attributable to price controls they are avoidable.
Congress and the others in political power in this country will not be satisfied until they have fully destroyed the US economy and replaced it with something we thought would disappear when the Iron Curtain finally fell so many years ago.
The happy life comes through permitting maximum freedom to associate and choose — a freedom that applies to everyone and under all circumstances, without exception.
Americans enjoy too much economic freedom. The natural solution, therefore, is to strip them of their freedom with higher taxes, more regulations, and greater regimentation of their lives.
