Katrina and the Great Flood of 1927
As every flood and government response since has made clear, government only wastes resources when it attempts to prevent floods while it continues to increase the danger and destructiveness of future floods.
As every flood and government response since has made clear, government only wastes resources when it attempts to prevent floods while it continues to increase the danger and destructiveness of future floods.
State economic development agencies stand athwart this minarchist ideal. Their increased prominence today is just the latest form of mercantilism that classical economists rightly opposed in the past.
Of course, legalization would not entirely eliminate the black market demand for pot, but it would certainly be preferable to today's blanket, though thoroughly ineffective, expensive and impotent, criminal prohibition.
The unhampered market has the power to resolve its "defects."
The collapse of the USSR inspired Lew Rockwell to outline his own radical vision for the "shock therapy" Washington needs.
Whether or not some nations truly suffer from an ineradicable intelligence deficit, their best path to follow is the one of freedom.
Turning to government for protection and support is stealing money from the pockets of everyone else. Farm programs, including the 2007 Farm Bill, need to be thrown in the dust bin of history, where they belonged eighty years ago.
The answer is quite simple: privatize education. Remove government from the minds of our youth. Recognize the wisdom of Mises and let parents — as consumers — decide what is best for their children.