Congress has no small part in the endless cycle of debt, spending, and rising bureaucratic power.
Chile would be even better off today had it adopted Mises-style laissez-faire over Milton Friedman's monetarism. But even a Friedmanian regime is far superior to the Keynesian economies that have ruined Argentina and Brazil.
War and Foreign PolicyBusiness CyclesHistory of the Austrian School of EconomicsPhilosophy and Methodology
Free MarketsU.S. HistoryInterventionism
Given that socialism is based primarily on theft and envy, it seems odd to claim that Jesus is a big fan of a socialist state.
Protectionism and Free TradeWorld History
Thatcher's infamous yet magnificent "Bruges speech," which was far from being anti-EU, was a stark warning against Brussels' power-grabbing central government.
Money and BanksMoney and Banking
Scratching beneath the surface of the debate around countercyclical capital buffers, we find the normal level of duplicity that characterizes most debates about monetary policy.