Tire Trade Tirade
"Preventing trade means that we use more resources to produce less wealth."
Interventionism
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XXX. Interference with the Structure of Prices (continued)
Pages 763-774. Narrated by Jeff Riggenbach.
Free the Clogged-Nose 25!
The real horror is the prohibition, which has brought about a dark despotism that everyone pretends not to notice.
The Fallacy of Territorial Extension
Any extension will open questions, not close them. Any extension will not make us more secure where we are, but will force us to take new measures to secure our new acquisitions.
The Fed’s Dilemma
The root of the current financial crisis was an artificially induced boom in the real economy, and asset-price markets that subsequently turned to bust. The bust led to a reduction in the values of many assets owned by banks.
Go for Capitalism or Go for Broke?
Ironically, you would think that a film called Broke: The New American Dream would be pessimistic and depressing, while a film called Capitalism: A Love Story would be upbeat and positive. The opposite is true.
