Free Markets

Tough times require cutbacks and a beefing up of savings.

But what happened to the view that people have rights that restrict what government may do, even to promote overall "happiness"? Frank does not so much as mention it.

By distorting relative prices and insisting on inefficient workplace rules, they certainly hamper the economy, no question about it. But it is wrong to blame unions for rising prices.

What government cannot do without causing even more problems is take positive action against symptoms, such as falling stocks or housing prices, rising unemployment, business failures, and falling incomes. This is precisely what caused the Great Depression to get its name instead of being called what it might have been called: the recession of 1929–1931.

A number of the neoconservatives began as supporters of Trotsky; and, though their political allegiance has changed, their pattern of thought has not.

But Murray never gave up hope. He cheerfully crusaded on, trying new alliances to the end.

The coordinated and constant creation of liquidity by the world's central banks, especially since the Greenspan era, has led to not only more contenders for the tallest building title all over the world, but also frenzied high-rise construction everywhere.

The crucial point to remember is that there is nothing magical about government officials.

IP is the manifestation on creativity of an underlying Marxist theme: the labor theory of value.

The twenty-first century belongs to China.