Interventionism

The Social Security system is a giant Ponzi scheme, and no tinkering is going to change that. Workers should be allowed to opt out of the bankrupt scheme, period.

Eugen von Böhm-Bawerk expressed concern that the interest rate might not get rid of its "moral shade"—its moralischer Schatten. Thorsten Polleit chronicles the attempts to drive it to zero.

Why can’t the private sector address the “crying need&#82

Interviewed by Jeffrey Tucker at the Mises Institute; June 13, 2005. 

The Bush plan claims to increase capital accumulation because of its superficial emphasis on investment, writes Robert Murphy. But it is a total shell game.

I here offer what I regard as Bush’s top ten economic errors, which might be the very errors that will make the next depression far worse than it needs to be. Needless to say, this list is not exhaustive.

Ending price supports would certainly allow agricultural markets to work more efficiently, but isn’t it odd to observe the government voluntarily ending a subsidy program that benefits a powerful political constituency—wealthy corporate farmers? It is odd indeed, which is why it isn’t true.

How is Social Security different in kind from any other government program? Charles Rounds argues that it is not different at all.

How is it that thousands of skilled entrepreneurs—people who forecast for a living—all blunder at exactly the same moment? Murray Rothbard on what causes depressions, and the one cure no one in Washington will consider.

Opponents of employment-at-will speak of defending an employee's "individual freedom." Arthur Foulkes argues that this isn't freedom at all.