Interventionism

Spanish mercantilism meant the Crown picked which industries flourished and which withered. This led to a multitude of malinvestments including booms for southern Spain and busts in the Low Countries.  

The average standard of living in this country is higher than in any other country of the world. This is because the per head quota of capital invested is in America higher than in other countries.

The collectivistic and neomercantilistic writers of today seek prosperity along a road that necessarily takes us further and further away from peace.

The US trade deficit is an American problem. It is the result of insufficient savings at home and a widening budget deficit. 

Bloomberg suggests that individuals should not be permitted to make their own stock selections because they are not "qualified" to make such decisions. Instead, governments should help direct their investment choices.

Keynesian orthodoxy claims government can successfully counter recession through "expansionary" policies. To the contrary, these policies increase the danger to the economy.

Justin Trudeau's heavy-handed measures against the protesting truck drivers are part of a greater war by progressives against capital markets and financial privacy. People will find ways to resist through decentralized finance.

"Under socialism production is entirely directed by the orders of the central board. The whole nation is an 'industrial army' and each citizen is bound to obey his superior's orders."

Bloomberg suggests that individuals should not be permitted to make their own stock selections because they are not "qualified" to make such decisions. Instead, governments should help direct their investment choices.

Everyone seems to agree that Reagan slashed the size and scope of government. Murray N. Rothbard exposes the truth.