Why Government Hates Gold
Government could never cement its power over a nation's currency, if the people could repudiate the fiat paper and turn to gold for its money.
Government could never cement its power over a nation's currency, if the people could repudiate the fiat paper and turn to gold for its money.
Attacking the current political leadership and virtually every element of government policy, Rothbard explains why he still has confidence in the future of America.
From April 6, 1959: As inflation increases, apologists emerge to suggest that, after all, inflation may be a very good thing—or, if an evil, at least a necessary evil.
Congress is hardly a great steward of financial power, but there are benefits to wrestling control of the money supply away from the Fed and returning it to Congress.
In his Newsweek column, Henry Hazlitt addresses inflation, deflation, and criticisms of capitalism by "democratic socialists."
Paul Gottfried discusses his recent book, Fascism: The Career of a Concept.
Samuel Bostaph (University of Dallas) discusses his recent book, Andrew Carnegie: An Economic Biography.
Due to over prescription of legal opiates, many patients become addicted and end up turning to illegal opiates like heroin. Overdoses and other tragedies soon follow.
In an unhampered economy, we would measure economic progress by a need for fewer work hours and fewer jobs. In our mixed economy, it's impossible to say whether more jobs reflect an improving or a worsening economy.
Recessions are good for an economy because they involve a resolution process, but a big recession for this boom town could be great for the world economy.