But how can anyone deny that the East German or Russian experience is decisive evidence against socialism? The answer lies in creating a arcane theories that make socialism sound reasonable.
We Americans shall never have real, lasting peace so long as we give our allegiance to a king—that is, in our case, to the whole conglomeration of institutionalized exploiters and murderers we know as the state.
For centuries, entrepreneurial talents in China were diverted to military wars, political struggles, and government services. But now things are changing.
Inflation can always give only a temporary fillip to the economy, and will leave us with a legacy of postponed adjustments and new maladjustments which make our problem more difficult.
In every trade, a person is giving up something he values less for something he values more. Every time a shopper buys any item from another person, he has improved his standard of living, and so has the seller.
Hunter Hastings and Steve Phelan discuss the task for entrepreneurs and business owners — in fact anyone in business — that is often overlooked and equally as often mis-executed.
