If the Keynesian talking heads were right, there should have been an increase in the pace of recovery in 2010.
Despite the billions and the debt, the depression was back. And it was not a new depression. It was the old one, which had not been driven away but merely hidden behind a curtain of 15 billion dollars of new government debt.
A credit default is not unprecedented. One occurred as early as 1777 and another as late as 1979.
The person of intelligence tends to "see things as they are," never permits his view of them to be directed by convention, by the hope of advantage, or by an irrational and arbitrary authoritarianism. His consciousness is uncontrolled by prejudice, prepossession, or formula.
The American empire bestrides the globe, leaving destruction and poverty in its wake.
Puritan settlers in New England, previous to Williams' influence, were effectively unanimous in their opposition to market economics.
The Old Right of the postwar period had a rugged and near-libertarian honesty in domestic affairs as well, writes Murray N.
The Old Right of the postwar period had a rugged and near-libertarian honesty in domestic affairs as well.
