Taxes and Spending

As interviewed by Mike Smyth, CKNW AM 980. Recorded 21 August 2009.

Central bank's and government's loose monetary and fiscal policies are instrumental in the weakening of the process of real savings formation through the diversion of real savings from wealth generators to non-wealth-generating activities.

On the other hand, a social order weakens these forces when it promises that if the individual's work is hindered by illness or the effects of a trauma, he shall live without work or with little work and suffer no very noticeable reduction in his income.

Recorded at Mises University 2009.

I will not contend that this scheme is free from all the defects inherent in government interference with economic affairs.

Recorded at Mises University 2009.

This is not the only instance in which Frank refutes his own arguments. Like most good leftists, Frank dislikes SUVs.

Obama’s stimulus plan is equivalent to a giant welfare scheme.

The Fed is a racket at heart, a con game writ large — what else can you call an organization with the exclusive privilege of printing money in the

By decreasing the real output derived from national resources in this manner, the VAT necessarily decreases the material standard of living for all of a nation's consumers.