Free Markets

The warning to all of us is that we must understand that nature is only provisionally tamed. In truth, we live in the wild, and we are only a step away from being devoured by it.

Despite the fact that he thought the advent of socialism would lead to a utopian state of personal liberty, he still manages to perceive with all the force of a great satirist the problems of state power.

If we can avoid the protectionist trap and reconcile the budget, the falling value of the dollar will eventually attract investors and stimulate exports.

The FHLB is a welfare-state institution to the bone.

Creative destruction is required for a vibrant economy. Allowing government to stop change and innovations through regulations hurts the consumer and squashes both new products and improvements.

While most Americans will never see the money the government takes they will have to bear the cost of the higher metal prices that result.

An economically literate public is the foundation for keeping that amazing and wild machine called the market working and functioning for the benefit of the whole of humanity.

Man has insatiable wants and constantly attempts to improve his lot in life. And for those with no spiritual or philosophical grounding, that means increasing status anxiety.

Thus, the most important attempt in this century to rebut anarchism and to justify the State fails totally and in each of its parts.

It's likely there "won't be any cotton growing in California 10 years from now," setting the stage for the next generation of Boswells to fallow the fields and sell water to Los Angeles.