Milton Friedman: Freshwater Keynesian
At the end of the day, Friedman jettisoned the gold standard for a remarkably statist reason.
At the end of the day, Friedman jettisoned the gold standard for a remarkably statist reason.
The person who epitomizes the fear of deflation best is Ben Bernanke, chairman of the Federal Reserve.
Be a part of the pursuit of economic freedom. Watch the video and get a glimpse of the magic of the Mises University experience.
In a deep sense getting rid of the socialist state requires that state to perform one final, swift, glorious act of self-immolation, after which it vanishes from the scene.
You will probably never see Ralph Raico, professor emeritus of history at Buffalo State College, holding forth on the History Channel surrounded by
The IRS has a history of political abuse. Hoover, FDR, JFK, and Richard Nixon all used the IRS against enemies, long before Clinton or Obama.
The very idea that the FOMC would function as faithful monetary eunuchs was sheer fantasy.
Consider the sheer idiocy of paying legions of twenty-somethings who cannot speak Arabic, Farsi, or Pashtun, and who know practically nothing of the history, customs, folkways, and traditions of these places.
Why be libertarian, anyway? Why engage in a deep and lifelong commitment to the principle and the goal of individual liberty?
Being a type of spontaneous order, it is no surprise that language is subject to the same kinds of centrally-planned disruptions as economic systems.