Interventionism

Creative destruction is required for a vibrant economy. Allowing government to stop change and innovations through regulations hurts the consumer and squashes both new products and improvements.

Woodrow Wilson’s speech on postwar reconversion, As printed in American Affairs, V7,

While most Americans will never see the money the government takes they will have to bear the cost of the higher metal prices that result.

With the almost constant statist apologetics we hear from many government and academic economists, writes Ben O’Neill, it is hard to believe

In the newest issue of American Affairs to see the light of day after 60 years, Garet G

Make the dollar as good as gold and you eliminate the inflation problem and the business cycles that go along with it.

It's likely there "won't be any cotton growing in California 10 years from now," setting the stage for the next generation of Boswells to fallow the fields and sell water to Los Angeles.

So the news is out: GM is going to take a $39 BILLION, non-cash hit this quarter due to a writedown of its deferred tax assets.

For a wholly unabashed defence of full-blown Collectivism, the speech reproduced under

If mainstream economists and market analysts’ predictions (wishes?) come true, and the US Federal Reserve lowers rates several times in the n