Global Economy

Thomas Mun set forth what would become the standard mercantilist line.

Thomas Mun set forth what would become the standard mercantilist line. He pointed out that there was nothing particularly evil about the East India Company trade. The company imported valuable drugs, spices, dyes, and cloth from the Indies, and it re-exported most of these products to other countries.

We may either incorporate ourselves into market civilization, the system by which we may serve ourselves as ends by serving other people as means, or return to the idyllic and isolated "noble" savagery that long characterized our human past.

"Politicians have a vested interest in preventing the alleviation of poverty. If Americans are fully employed and earning continually increasing wages, who needs the thousands of welfare bureaucrats in Washington?"

Tourist Joe can complain about rising prices in the event of a papal death, but he should recognize their role in minimizing problems resulting from scarcity.

"An improving economy neither consists of an increasing GDP nor does it cause the overall stock market to rise."

"The state enacts vague legislation and then makes the taxpayer pay for its interpretation."

In her claimed "ten years of study," all Annie Leonard learned how to do was be an environmental alarmist, political hack, and liar. How sad.

Hoppe has lifted the American libertarian movement out of decades of sterile debate and deadlock, and provided us a route for future development of the libertarian discipline.

The right alternative is not yet another and more global experiment in paper-money inflation.