Other Schools of Thought

Economists of this century of the broadest vision and the keenest insight — men such as Ludwig von Mises, Frank H. Knight, and F.A.

"The middle-of-the-road policy is not an economic system that can last. It is a method for the realization of socialism by installments."

But history is clear: more fiat money won't solve this crisis; a return to sounder money will.

"Those of libertarian inclinations tend not to hold it unfair for those with superior talents to benefit from them."

"The egalitarian world would necessarily be a world of horror fiction — a world of faceless and identical creatures, devoid of all individuality, variety, or special creativity."

As I've said many times, the real problem is not the person; it is the institution.

It was largely by making the divine right of kings a laughing stock that the Enlightenment writers destroyed it. It is time for us to do the same thing to the divine right of the majority.

Libertarians of course believe in the free market; if you find someone who favors the government provision of medical care or education, e.g., you

They want to abolish private control of the means of production, market exchange, market prices, and competition. But at the same time they want to organize the socialist utopia in such a way that people could act as if these things were still present. – Ludwig von Mises

As I have read countless analysts, including professional economists, offer “solutions” to the financial crisis, I have become more con