Interventionism

The Black Book of Communism is a standing rebuke to any living soul who claims that economic understanding doesn't matter.

Regardless of mantras of change, politics is unlikely to change unless President Obama heeds the lessons learned from the inaugural ceremony. His first move should be a drastic reduction in the government's size and scope.

"Desocialize credit risk and let the bank runs take their toll."

Government efforts to stimulate entrepreneurship and startup companies, and to spur job growth, are not only detrimental to market participants but to the startup companies themselves.

Economic depression is good for the state. Even if the state knew how to end it, why would we suppose that it has the incentive to do so?

"Egyptian workers during this period suffered badly from the abuses of the state intervention of the economy…"

The government can prevent market forces from operating by channeling resources into artificial channels.

So long as governments remain under the sway of environmentalist philosophy and arrogate massive tracts of land to their own inept control, no amount of legal tinkering will prevent the next bushfire.

The amazing fact is that the great majority of British people are not yet consciously aware that they are living in a very severe economic crisis.

The inflationary environment causes savers to divert savings from paper assets to the safer harbor of hard assets such as precious metals, commodities, or even goods used for daily use.