Meet My Benefactor
I happened to sit down next to a man last week who has been my benefactor for my entire life and the large part of his, and yet we had never met.
U.S. Economy
Displaying 1721 - 1730 of 2408
World War II Did Not End the Great Depression
The illusion of wartime prosperity is rooted in how national income was calculated and in how the statistics were compiled, writes Art Carden.
How John Wanamaker Succeeded
John Wanamaker was the Gilded Age genius who pioneered the department store, the posted single price for goods, the money-back guarantee, and the p
The End of Sound Money and the Triumph of Crony Capitalism
The triumph of crony capitalism occurred on October 3rd, 2008. The event was the enactment of TARP — the single greatest economic-policy abomination since the 1930s, or perhaps ever. It was justified as a last-resort exercise in breaking the rules to save the system.
How Capitalism Saved America and How Government Is Destroying It
The Mises Circle in Naples, Florida. Recorded 26 February 2011.
The Reagan Fraud — and After
During his eight years in office, Reagan increased federal spending by 53 percent, added a quarter of a million new civilian government employees, escalated the War on Drugs, created the “drug czar’s office,” and lowered the value of your 1980 dollar to 73 cents.
Don’t Buy Government Bonds
When the state spends more money than it receives in taxes — a fact indelibly written into the bond — it is deliberately committing an act of bankruptcy. Is dishonesty transmuted into its opposite when committed by a legal entity?
Interwar Presidents and the Fantasies of Historians
Historians who are ostensibly concerned about "the little guy" revere US presidents in almost exact proportion to how many people were killed by their subordinates. Beyond Teddy Roosevelt and Woodrow Wilson's wars, however, is their dismal record of economic interventionism.
