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.
One of our gravest problems is that we find ourselves confronting the armies of bureaucrats who already control us, and who have a vested interest in keeping and expanding the controls they were hired to enforce. . . .
We libertarians have our work cut out for us.
Remember: there is a story like this behind just about everything government does. If you comprehend that, you can understand why people like Albert Jay Nock said that the state is always and everywhere the enemy.
It is important to remember that stories of Holiday spending-induced economic growth may be misleading.
