Interventionism

The private road would be devoted to serving the customers, not looting them at the point of a gun."

As the late 20th century's disastrous experiments with totalitarianism and interventionism showed, Mises's criticisms have most certainly stood the test of time.

The housing debacle was a project created over three-quarters of a century by fascists from both parties.

Obama’s stimulus plan is equivalent to a giant welfare scheme.

Government spending merely directs scarce factors of production away from their most productive uses.

The Federal Reserve System and those in charge of it at during the real estate bubble bear responsibility for major harm to tens of millions of Americans.

The community of soft-currency countries is not a community of economic conditions but a community of lax monetary and fiscal policies, a community of ignorance about monetary theory, of inexperience with monetary policy, and of political doctrinaire stubbornness.

In Krugman's world, prosperity is created by spending, and it does not matter who spends what on whom just as long as someone is spending.

Beware of economics columnists for The New York Times. The days when Mises and Henry Hazlitt wrote for the paper have long since passed.

Any audit that exposes the Fed's relationship to the state will be worth doing, even if the Fed's friends keep it where it is.