Falling Prices Are the Antidote to Deflation
In reality, a house is a consumers' good, just like an automobile or a refrigerator.
In reality, a house is a consumers' good, just like an automobile or a refrigerator.
All of these things deny the true desires of people — as revealed in market prices — and substitute the opinions of the elite and politically-powerful for the true desires of people.
What is still missing is one critical thing: a culture-wide love of liberty that is capable of intimidating and beating back the rogue regime.
"When the government runs up a deficit to fund 'stimulus' projects, all that really means is that it is forcing taxpayers to pay for projects that they wouldn't buy with their own money."
We find ourselves enormously worse off, our economic prospects diminished greatly, and our liberties throttled more tightly by an even bigger Leviathan, with nothing to show for it on the upside but the further enrichment of a handful of big bankers and other malefactors of great wealth and power.
Sponsored by the Mises Institute and held at the College of Charleston in South Carolina; 7-9 April 1995.
Sponsored by the Mises Institute and held at the College of Charleston in South Carolina; 7-9 April 1995. Includes an Introduction by Llewellyn H.
Why do the proponents of global warming try to stamp out dissent? As Horner makes clear, billions of dollars are at stake.
If it were possible to lift real economic growth by means of money pumping, world poverty would have been eradicated a long time ago.
"Fred Reed's Reprehensible Curmudgeonry" is a breath of fresh air.