The Regulatory-Industrial Complex
In every administration, the tools of inflation, borrowing, taxation, and regulation are used to transfer wealth from the people to the government.
Interventionism
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The Individual in Society
Those who are asking for more government interference are asking ultimately for more compulsion and less freedom.
The Elite Under Capitalism
In a free society there is no other means to avoid the evils resulting from one's fellows' bad judgment than to induce them to alter their ways of life voluntarily. Where there is freedom, this is the task incumbent upon the elite.
The Case Against the Market Economy
The objections raised against the market economy are based on very bad economics.
Inflation: The Rumors of its Death are Greatly Exaggerated
The real money-creating machines are commercial banks. Loan dollars become deposit dollars. Lots of lending means the money aggregates increase. Little lending means the opposite.
Occupational Licensing — An Unnecessary Evil
The number of jobs that require an occupational license now covers 30% of the US workforce, up from 5% in 1950.
Why Social Democracy is Failing Europe
Social Democracy fails for the same reasons communism did. It just fails more slowly.
Unlike Real Insurance, Social Security “Insurance” Creates Greater Risk for the Future
Social Security acts as a sort of "reverse insurance," doling out money now, leaving less for the future.
Against the Primacy of Politics — Against the Overestimation of Majority Principle
The Swiss “Landsgemeinde” assembly provides some insight into how to create a less-bad form of political power. But that's still worse than true self-determination.
Dear Mr. President, Security Does not Create Development
Even though security might be a necessary condition for development, it is not a sufficient one.
