David Frum, Neoconservative New Dealer
Although he writes with confidence, David Frum's rejection of the gold standard is based on faulty history, bad economics, and a belief in the power of Washington to manage the economy.
Although he writes with confidence, David Frum's rejection of the gold standard is based on faulty history, bad economics, and a belief in the power of Washington to manage the economy.
It was Misesian (myself) vs. Rothbardians (nir, wilderness, and Conza), and it got rocky a few times. But tempers cooled, concessions were made, compliments were passed, common ground was discovered, and new ways of looking at the issue were found by both sides.
In the America of Thomas Jefferson's Declaration these categories and institutions were to have the opportunity which they were never fully to achieve in their constricted English home.
"Socialism and legislation seem to be inevitably connected if socialist societies are to keep alive."
It may be difficult to understand at first why the members of the Texas Board of Education consider Aquinas, Calvin, and Blackstone more worthy of study than Thomas Jefferson.
Ultimately, he and the woman are caught, imprisoned, and tortured. In the end, he is sincerely repentant of his crimes and is completely devoted to the all-encompassing government that has done him all this harm.
The world already has the Great Depression as a warning. But governments and the bureaucrats who run them have decided to ignore the lesson. The new crisis of interventionism is fast approaching, and the market will not wait for governments to realize their errors.
While totalitarian governments seek to stifle the human spirit and initiative, there are always brave souls who either pierce or work around the walls that governments erect.
"Every tyranny must necessarily be grounded upon general popular acceptance."