World History

The power of creative energies to manifest themselves in the face of man-made obstacles accounts for the progress we observe even when the worst elements in society get on top

If we, continuing to view ourselves in a hegemonic role, act to thwart these assertions of national ambition, we risk hostility and war.

"Egyptian workers during this period suffered badly from the abuses of the state intervention of the economy…"

Obama's head is filled with myths and lies, not only about FDR and the New Deal but also about the government's power to repair the existing economic problems. With this model in his head, he can only do evil. This must change.

"As Mises again and again pointed out, capitalism is a system of mass production for the masses. But of course our great philosopher cannot be bothered to read Mises."

Sponsored by the Mises Institute and held in Atlanta, Georgia; 26-27 September 1997.

Sponsored by the Mises Institute and held at the College of Charleston in South Carolina; 7-9 April 1995.

It is imperative that we remain realistic in our assessment of human nature and not forget that the basic principles which produced our prosperity still govern human action."

Recorded in Houston, Texas; October 27, 1984.

Paul Krugman, e.g., in The Return of Depression Economics and the Crisis of 2008 (Norton, 2008) says "there will have to be an assertion of more government control — in effect, it will come closer to a full temporary nationalization of a significant part of the financial system."