U.S. Economy

Ultimately, the Keynesian's deficiency comes down to their lack of capital theory, which eventually leads them to believe in a very disjointed monetary theory.

Printing up money and lowering the value of all dollar-denominated assets while simultaneously benefiting political friends and accomplices is sure

"There is no greater example of why it is morally incumbent on everyone to oppose all forms of government intervention in all times. That includes, especially, wars that socialize the economy."

The private sector could take care of itself if the government would just leave it alone.

Recorded at Jekyll Island, Georgia; 27 February 2010.

Recorded at Jekyll Island, Georgia; 27 February 2010.

Recorded at Jekyll Island, Georgia; 27 February 2010.

Recorded at Jekyll Island, Georgia; 26 February 2010.

"There is no such thing as a nonspeculative investment.… In a changing economy action always involves speculation. Investments may be good or bad, but they are always speculative."

"The more these readjustments are delayed," Rothbard explained, "the longer the depression will have to last, and the longer complete recovery is postponed."