Interventionism

Is it all bad news? There is still entrepreneurship. There is still innovation.

Free trade promotes economic progress.

Less and less and less?

There is no clear basis in economics, ethics, efficiency, or fairness for Minimum Wage Laws.

There has been far too much concentration on the form of taxation and not enough on its total amount.

Mises explains why government intervention fails yet continues on.

Forget Jerome Powell's fanciful "soft landing" or the notion that the Fed can pull another rabbit from its hat. The banking system is headed for a crash and monetary authorities likely will make things worse.

Janet Yellen admits she underestimated inflation, but she still does not realize that inflation is not higher prices, but the increase in fiat money that forces up prices.

So long as there are governments with stones ready to throw, there will be a need for someone to point out that destruction is never productive, never beneficial, and never a path to the good life that we all seek.

Not only must the war against progressivism be fought with a religious fervor, but it must also be, in Rothbard’s words, “openly and gloriously reactionary.”