U.S. Economy

Puritan settlers in New England, previous to Williams' influence, were effectively unanimous in their opposition to market economics.

Delivered at the Mises Institute on 24 June 2011.

If the government merely returned to its 2003 spending levels, then the current revenue stream would be enough to pay for everything.

Is a second American revolution imminent? Frankly, I doubt it.

Housing prices hitting 2002 levels, unemployment still at 9 percent, private-sector job growth flat, and retail sales still struggling: these are headlines that few expected three years ago. The stimulus was a gigantic, wasteful, destructive flop.

He was a great intellectual and deserves a high place in the history of libertarian ideas.

Despite the handwringing and lectures from Geithner and his accomplices, there is no need to raise the federal debt limit. The US government already spends an obscene amount of money every month, and this could easily be scaled back to the current inflow of tax receipts.

As interviewed by Mac McDowell on the “Boiling Point” radio program, 92.5 FM in San Antonio, Texas. Recorded 21 May 2011.

In an unhampered free-market system, the Ricardo effect is benign and progressive.