Why Government Can’t Make Decisions Rationally
This process is self-selective: the respondents are those who themselves choose to take the time to write a submission, attend a forum, or otherwise make their views heard.
This process is self-selective: the respondents are those who themselves choose to take the time to write a submission, attend a forum, or otherwise make their views heard.
I recommend the book to anyone who wants an analysis of current economic trends from an Austrian viewpoint along with some appropriate investment ideas; it is one of the best examples of sound economic writing among investment books.
The owner of capital does not choose between more risky, less risky, and safe investments. He is forced, by the very operation of the market economy, to invest his funds in such a way as to supply the most urgent needs of the consumers to the best possible extent.
Baron Rothschild advised that one "should invest when there is blood in the streets."
Contrast our world with that of the political class. Here, scarcity is nonexistent. While my wife and I struggled over whether or not we could commit financial resources, the politician simply commits our resources for us. No questions asked.
The free market could deal more effectively with contagious diseases, just as it beats the government when it comes to computers, cars, and crops.
A debate between Dr. Walter Block and Dr. Boyd Blundell at the Loyola Economics Club at Loyola University, New Orleans, in 2007.
On July 4 I was interviewed on The Political Cesspool, and we ba
This is what makes The Lord of the Rings a much better means for conceptualizing the ideas of freedom than Atlas Shrugged.