Generational Wealth: Hesiod versus Aristotle
It is imperative that we remain realistic in our assessment of human nature and not forget that the basic principles which produced our prosperity still govern human action."
It is imperative that we remain realistic in our assessment of human nature and not forget that the basic principles which produced our prosperity still govern human action."
Recorded at the Ludwig von Mises Institute, Auburn, Alabama; 5-6 February 1999.
"Fred Reed's Reprehensible Curmudgeonry" is a breath of fresh air.
1996 Mises Institute Supporters Summit, San Francisco, California; February 9-10, 1996.
Paul Krugman, e.g., in The Return of Depression Economics and the Crisis of 2008 (Norton, 2008) says "there will have to be an assertion of more government control — in effect, it will come closer to a full temporary nationalization of a significant part of the financial system."
To believe that, absent government, folks would not help the poor is to turn one's back on history. In addition, to destroy capital in the name of ending poverty simply impoverishes us all.
1996 Mises Institute Supporters Summit, San Francisco, California; February 9-10, 1996.
1996 Mises Institute Supporters Summit, San Francisco, California; February 9-10, 1996.
1998 Mises Institute Supporters Summit, Palm Springs, California; February 27-28, 1998.