Corporate Welfare for Farmers Is Swell until It’s Not: The Case of Arizona Reservoirs
What at first seem like gifts from the state (handouts for some at the expense of others) lead to unfortunate events that cannot be stopped once begun.
Mises Wire
The Fed’s Quantitative Easing Gamble Costs Taxpayers Billions
At current interest rates, the Fed’s operating losses will impact the federal budget for years, requiring new tax revenues to offset the continuing loss of billions of dollars in the Fed’s former remittances to the US Treasury.
The Trillion-Dollar Coin Idea Is Just Another Way to Rip Us Off
The difference between the trillion-dollar coin and the usual debt mechanism is simply the manner in which the taxpayers are exploited to pay for more government spending.
Fiat Money Inflation Not Only Raises Prices but Also Undermines Division of Labor
Government interference into money creation and production harms the economy in a number of ways, including skewing the organization of division of labor.
They Won’t Leave Us Alone: The Invasion of Politics
Forget minding your own business. Ours is the age of invasive politics, demanding we take sides no matter how much we would like to be left alone.
Don’t Call It Capitalism: The Fed’s $8 Trillion Hoard of Financial Assets
Now would be a great time to stop pretending that the financial sector is "free market" or that price inflation and cost-of-living surges are somehow all the fault of "capitalism."
The State Will Always Set the Rules in Its Favor
Remember Lady Justice, who wears a blindfold and holds the scales? She is a state creation, too, and when it comes to state wrongdoing, her thumb holds the scales down.
The Modern State Cannot Exist without Fiat Money
Fiat money is the fuel of the modern Leviathan state. If we wish to have freedom, we must have sound money.
Hans-Hermann Hoppe on For a New Liberty at 50
No one will read For a New Liberty and not see the world with very different eyes afterward.
The Rise and Fall of Good Money: A Tale of the Market and the State
Once upon a time, the USA had sound, reliable money. Then, a small group of "really intelligent" people decided to "improve" it. We know the rest of the story.
