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The media’s portrayal of the debt ceiling debate is essentially the same kind of scare mongering that preceded the 2008 Bush bail outs. This time, we are told that the federal government’s credit rating would plummet and interest rates would skyrocket.
But what sense does that make? First of all, maxing out your credit limit [...]
OK, I am not condemning all liberals, but anti-authoritarian liberals should call out this blatant power grab for what it is.
It even includes a reference to Hayek’s “Who, Whom?” question. Bernanke’s double is great too.
… and never will. So Frédéric Bastiat calling government “the great fictitious entity by which everyone seeks to live at the expense of everyone else” was more fitting than even he realized.
The constitution was written by men over 200 years ago to reflect their own interests at the time. Along with a deeper understanding of the natural world, people today have different interests and different values (along with not being sexist racists).
So what should chaining ourselves to a 220-plus-year-old political compromise between Northern protectionist merchants [...]
Webster’s dictionary had defined “inflation” as “an increase in the amount of currency in circulation resulting in a relatively sharp and sudden fall in its value and a rise in prices.”
Today, it calls inflation “a continuing rise in the general price level usually attributed to an increase in the volume of money and [...]
Both politicians and assassins agree that aggressive force is an acceptable means of influencing society. They disagree over exactly which tactics are best to accomplish their objectives.
Take Sarah Palin. She supports hunting down WikiLeaks founder Julian Assange “with the same urgency we pursue al Qaeda and Taliban leaders” if only other people would [...]
I thought he was joking — at first. But no. Bill O’Reilly really does not know that the moon’s gravity causes the oceans’ tide.
Since he asked, I can think of reasons why a non-believer would still attend a religious service he or she does not hold is true. There are financial and [...]
Who plans whom, who directs and dominates whom, who assigns to other people their station in life, and who is to have his due allotted by others? — Friedrich HayekArchives
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