William Röpke, who fled Nazi Germany in the 1930s, has made important contributions to Austrian economic analysis. Not surprisingly, he rejected collectivism as a way to organize an economy.
Americans often have defended the atomic bombings of Hiroshima and Nagasaki as regrettable but necessary for ending World War II. The actual record tells us a much different story.
In 1940, nearly half of the male workforce died before reaching age 65. Those who survived might collect benefits for 13 years. In 2022, workers live longer and collect more benefits. It's unsustainable.
Because government officials do not worry about the consequences of making mistakes, the government should not be permitted to regulate anything as important as vaccines.
The imposition of minimum wages harms the economy, although there are nuances in how much harm they cause. It is better not to impose minimum wages at all.
There is an undeniable negative trend in European employment and wages that is a direct consequence of constantly increasing intervention in the economy.
